Hedge fund optimism going into the second quarter needs reality check

Hedge Funds Review – European Commission meddling with the AIFM directive could be bad news for Europe’s managers and investors while the US Jobs Act opens a window to freer hedge fund marketing.

Entering the second quarter, hedge funds could be forgiven for heaving a huge sigh of relief. Performance is up, volatility is (relatively) benign and many are keeping their fingers crossed that a market rally will turn into a bull run.

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