Following several decades of more modest growth, the
explosion of hedge fund assets in recent years - to $1.5
trillion, according to research by Absolute Return -
inevitably raises concerns about the industry's outlook.
A recently released report from Citigroup Alternative
Investments addresses this issue - concluding, after some
discussion, that while the industry will present challenges to
investors, the prospects for talented managers to continue
generating alpha will persist.
According to Rui de Figueiredo, one of the report's authors,