NYT – Winning hedge fund managers expect the American and European economies to slow, according to BusinessWeek. With some saying they plan to bet against industries that do poorly when the economy loses steam and others betting against consumer-related stocks, the hedge fund industry is taking less risk, using less debt and making fewer trades.
Of 2,799 hedge funds studied by PerTrac Financial Solutions, only 321 were agile enough to post gains every year in the turbulent market conditions that extended from 2007 until early this year.
