After the turmoil, opportunity awaits

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By Neil Wilson

Ever since summer, hedge fund names have seldom been out of the headlines. And by some accounts, the industry could be facing further big losses - with various pundits arguing that redemptions from investors could spark a further wave of deleveraging that can only further roil the turbulent markets.

Since we first launched EuroHedge in January 1999, doomsayers have been predicting that the boom in hedge funds would be followed by an inevitable bust - and they have been wrong so many times before, it is tempting to dismiss this latest speculation as yet more wild scaremongering.