Opinion

The case of the incredible shrinking industry

by

Two thousand and eight was quite a year. It was also year that the InvestHedge Billion Dollar Fund of Hedge Funds Club shrank by nearly 30%, taking it back to the size it was in June 2006. How did we go from a growing industry with potential to this battered and bruised universe of funds?

By Niki Natarajan, editor



Two thousand and eight was quite a year. It was also year that the InvestHedge Billion Dollar Fund of Hedge Funds Club shrank by nearly 30%, taking it back to the size it was in June 2006. How did we go from a growing industry with potential to this battered and bruised universe of funds?

If Sherlock Holmes were investigating The Case of the Incredible Shrinking Industry, he would be able to deduce very quickly that 2008 was the culmination of: sloppy practices; growing too fast; taking too much for granted; not listening to investors;