Hedge Fund Industry Predicted To Double In Size--You'd Best Get Working On A Name For Yours NOW

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Don't worry about the strategy- the name is the hardest part and we don't have a lot of time.

Thomas Strauss, chief executive of Ramius, the alternative investment unit of brokerage firm Cowen Group expects “significant” growth in the hedge-fund business in the next three to five years as institutions like U.S. public pensions search for returns that are less correlated with other markets. ”I wouldn’t be at all surprised if the industry doubled in size,” Strauss added in an interview with MarketWatch.

New Hedge Funds Raised More In 2010 [MW]

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