Corey Ribotsky and Hedge Fund News January 20, 2012
Posted by Admin in Corey Ribotsky.Tags: Ajay Nagpal, Barclays Capital, Corey Ribotsky, Money Trail
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According to The Money Trail, this year, there could be tremendous opportunity for the hedge fund industry, despite the fact that it will simultaneously be facing various challenges.
The Money Trail is a report put out from Barclays Capital. Some years ago, the Barclay Hedge named Corey Ribotsky’s hedge fund one of America’s top hedge funds. It seemed that Ribotsky’s firm enjoyed an incredible 20.68% return between October 2006 and September 2007.
So what does the future hold for Corey Ribotsky’s firm and other hedge funds? It is worth looking at the recent Prime Services Hedge Fund Symposium which was hosted in New York, along with various industry analyses.
According to Head of Prime Services at Barclays Capital, Ajay Nagpal, “our analysis indicates that investors are likely to allocate approximately USD80 billion of new capital to the hedge fund industry this year. 2012 has the potential to be the most significant year for new capital allocations to hedge funds since 2007.” This has to be good news for hedge funds.
