Article written by Market Watch’s Brett Arends
The crisis is over. Bernie Madoff is long since forgotten. And the money is flowing once again.
According to Hedgefund.net, investors pumped another $22 billion into hedge funds of all description last month, the fastest rate in well over a year. The industry’s back to managing a thumping $2.5 trillion — all but a sixth from the all-time peaks seen in 2008.
Let the good times roll.