FN – A super-cycle during the last decade, driven by high demand from China, created fertile ground for funds making big, directional bets. However, in more recent years clear trends have deserted the market and volatility has reduced, according to hedge fund managers, resulting in mixed performance and some high-profile closures.
The likes of the UK’s Clive Capital and US-based Arbalet Capital have closed, or are closing, but firms including Frere Hall Capital Management and Andurand Capital Management are already emerging as new names to watch.
