Hedge funds
Pessimism holds dollar back from recovery
Despite dollar weakness, the euro is struggling to break parity
Caution First
Funds of funds are adjusting portfolios to take account of market conditions but need to do so with care
A tough nut to crack
Legal impediments and excessive taxation have stunted the German hedge fund market. If these are eased there should be massive growth
US scandals could spark exodus
US scandals may force investors to seek relative safety of european hedge funds