Firstrung: Hedge fund sector looking to prey on victims

Despite RAB capital getting it badly wrong with Northern Rock, as the subprime crisis continues to unfold attractive opportunities for the hedge fund sector continue emerging, according to Francois Barthelemy, partner at F&C Partners...Despite the recent volatility that led many to describe November as the 'bloodiest' month for hedge funds, the sector is well positioned to benefit from the current turmoil. "Hedge funds tend to suffer in very volatile environments but well-managed portfolios often recover quickly, once the market has come back to some sort of rational pricing of assets," Barthelemy explained. "The real question that people are struggling with is that there are a number of signs indicating that we might be moving into.