It's steady as she goes, despite May days' jitters

Each year, the middle of the year finds the hedge fund industry voice with a different 'tone'. In 2004, its tone was one of quiet confidence. Minor misgivings came from some that the institutional 'wall of money' would dampen returns, that the cash plus 14% of 1996-1997 would continue downwards (as indeed it has) towards a cash plus 4%-6% this year. However, performance was acceptable, nonetheless.

Then in the middle of 2005, the industry's voice carried a not-insignificant note of alarm. Twelve

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here