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  1. I recently spoke at the World Alternative Investment Summit in Niagara, Canada and for such a prestigious, well organized event, I was somewhat surprised by the lack of attendance and the overall mood of the conference. We all know that times are tough for hedge funds right now, but the numbers don’t speak as loudly as seeing the faces of its managers and investors. Over the years, hedge funds have been attractive because they have produced good returns and have been an alternative to traditional investments. However, since they are so closely correlated to the markets they have definitely taken a dent to their reputation lately, and many have ceased to be effective or profitable for that matter.

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