Canada re-thinks strategy

Canada's hedge fund industry was initially built on the foundation of the country's resources. This strategy worked during the commodities bull run but has now run into problems. US Editor Kris Devasabai looks the prospects and challenges for Canada's hedge funds

autumn-maple-leaves

The crisis that engulfed the financial markets in 2008 could not have come at a worse time for the Canadian hedge fund industry.

Riding on the coat tails of the commodities bull run, local managers built an enviable reputation for outperformance between 2005 and 2007, when returns on the Scotia Capital Canadian Hedge Fund Performance Index comfortably outstripped the international HFRI index.

That changed in 2008. Canadian managers were unable to avoid the fallout from the deterioration in the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here