We are also in the grips of liquidations by hedge funds and a lot of dealers don't want to see big exposures,

It was an incredible session, a testimony to nothing else other than volatility led by hedge- fund position activity.

Registered funds have opened up hedge funds to a broad audience.

Successful hedge funds will be entrepreneurial; it is the essence of the craft.

The historical performance of hedge funds indicates that they deserve a little more rope, after 14 years of being tracked by professionals, now that they have hit a soft spot in their track record.

There is conversation that over the next ten years, hedge funds would become like mutual funds, ... There is some merit to that conversation, but I think there might be some lag time.