Are we now in calm waters, or just the eye of the storm?


What an eventful 24 months we've had...

By Aradhna Dayal, editor

Phew, what an eventful 24 months we've had. As I take over the editor's role at AsiaHedge, I can't help but marvel at the scale and speed of events we probably get to witness only once in a lifetime: markets imploding, a barrage of hedge funds going belly up, industry assets almost halving, then a lightning recovery in markets and the beginning of a slow healing process for Asian hedge funds.

On the surface, all signs look positive. Starting in mid-2009, we've seen investor interest in