The future of hedge funds

[albo]

In the notes of a NYU Stern professor I read this:

"The face of the hedge fund industry will change in 5-years, but the main strategies should still be around (assuming no significant regulatory changes)."

I would like to hear some thoughts about that statement. What will be the character of the changes that he is talking about? In what ways will those changes affect the skills of financial engineers?

 

[Andy Nguyen]

Link to that note?
It would be relevant to know when this statement was made.

 

[Ken Abbott]

Better read Dodd Frank Titles IV and VI. That spells it out pretty clearly.