http://www.nationalpost.com/opinion/columnists/story.html?id=c50f4d98-86f5-4f0f-b11a-7e851e714ecb Sooner or later, most hedge fund strategies pay off Out-of-favour ideas profitable if investors wait Bob Thompson, Financial Post Published: Wednesday, July 02, 2008 I have a habit of discussing in this column hedge fund strategies and ideas that are out of favour. Sometimes I am right in recommending out-of-favour ideas, sometimes I am wrong. No, correct that. The idea is usually right sooner or later, it's a question of how long an investor is willing to wait. I was reminded of this fact last week when I was in Chicago doing due diligence on one of the largest hedge fund companies in the world--Man Investments. About a year ago I wrote about managed futures strategies in this column, and in particular the Man AHL Diversified Canada Fund. Most managed futures funds performed poorly the year before. As usual, no money was flowing into the sector because investors were making decisions based on the previous year's performance. As might be expected, the fund's performance improved after investors shunned it. In the last year, as credit markets dislocated, volatility increased and oil and gas surged, managed futures strategies have been on fire... full article here: http://www.nationalpost.com/opinion/columnists/story.html?id=c50f4d98-86f5-4f0f-b11a-7e851e714ecb