BusinessWeek – After contributing their fair share to the more than $1 trillion in estimated global financial industry losses in this credit crunch, hedge funds appear to be on the mend. However, the alternative investment vehicles known for returns that are uncorrelated to broad market indexes will, in Standard & Poor’s Ratings Services’ opinion, likely require more than deft trading strategies to return to their former glory days and once again attract investors.
We believe investors will consider other key differentiating factors. Transparency, for instance, appears to have surpassed performance as a criterion for choosing hedge funds.
