Hedge Funds Back In Style, What Advisors Should Know

Forbes – Like it or not, hedge funds are making a comeback. After taking a nasty fall post-Madoff, the hedge fund industry’s assets are approaching their historical peak with $1.917 trillion in the 4th quarter of 2010.

That’s slightly shy of the the 2008 peak when the industry held assets of $1.93 trillion in the second quarter that year. Of course, we all know what happened in the later half of that year. Lehman Brother fell, unprescedented M&A deals were signed and sealed within a weekend’s time, billions in bailout dollars were handed out.

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