Opinion

Light at the end of the tunnel, or light of an oncoming train?

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There is good reason for everyone in the hedge fund community to be both optimistic and apprehensive right now

By Nick Evans

There is good reason for everyone in the hedge fund community to be both optimistic and apprehensive right now – about markets and the economy, about regulation and politics, about the state of the world at large and the prospects for the hedge fund industry itself.

On the upside, it is clear that the industry’s recovery is gathering pace. As our new fund and asset surveys for 2010 show, hedge funds are bouncing back quickly from the upheavals of 2008 and 2009.

Inflows are accelerating fast, from all sorts of investor types. The environment for