Seeking Alpha – Out of the woods, but still a bit dazed and confused and more than a little circumspect: That’s the message from Ernst & Young’s annual survey of senior executives at 100 of the largest global hedge funds, an update of which was released earlier this month.
Having already been profoundly affected by the financial crisis, hedge fund leaders see further changes on the horizon, according to the annual survey, which was compiled from responses gleaned from managers that collectively oversee some US$680 billion in equity long/short, multi-strategy and fixed income strategies, roughly half the industry.
