Hedge funds recover and evolve

Jan 20, 2010

Hedge funds have bounced back strongly from their lows last year, but they seem to recognise the need to adapt to their new environment.

Despite recording their strongest gains since 1999, hedge funds are still below their peak performance level in 2007, says Chicago-based Hedge Funds Research Inc (HFRI). And they are showing signs of altering their approach, with a shift towards greater flexibility and transparency, adds the firm.

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