Distressed assets gain from chaotic November

F&C's Barthelemy believes opportunities will continue to emerge in the hedge fund sector, regardless of a probable recession in 2008

F&C's Francois Barthelemy believes the sub-prime crisis has generated a number of opportunities for the hedge fund sector, especially in distressed assets. "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," he said. "The real question that people are struggling with is that there are a number of signs indicating that we might be moving into recession territory. "We have had three great years where the way to make money was about growth and it seems we are now movi...