Anne-Cathrine Frogg Spadola, senior hedge fund analyst and co-director at Mirabaud & Cie, told Swiss newspaper Le Temps last week that hedge funds, having an innate ability to adapt and innovate, remain an unavoidable investment tool. The situation will be rich in opportunities once the crisis is over. The industry will reassess itself as we are going through a period of cleansing of what the past years excesses have produced. Referring to Darwins theory of natural selection, she said that we could rest assured that hedge funds will be able to demonstrate their strength, and will navigate in a new market environment with the agility that is known of them.
Pioneer......................
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