Opinion

The safest port in the storm?

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All the recent surveys indicate that investors plan to put more of their money into hedge funds rather than less

By Nick Evans

Nice as it was – for equity strategies at least, if not for CTAs or macro funds – October’s powerful risk-on rally did not last long.

The ‘new normal’ – of volatile markets and whipsawing investor sentiment – has returned with a bang. And November has been a case of back to business as usual in this exceptionally tough year, with a growing realisation that the extremely challenging and hazardous investment environment could be here for a while.

Far from erecting a firewall to contain the Eurozone financial crisis, all that the European and G20 leaders