Bloomberg – There are tough new regulations on the horizon. There are scandals and arrests. Investors, shaken by the credit crunch, are nervous about taking risks.
Yes, there has never been a better time to polish your CV, shine your shoes and start a new hedge fund.
The world is perfectly poised for hedge funds to make huge sums of money in the next five years. Asset prices are still way off their highs. The “carry trade” that allows you to borrow cheaply is back. Most of all, there are bubbles popping and fizzing all over the world.
