According to research analyst Monica Schulz, US-based hedge funds are working closely with prime brokers to enter new markets and expand internationally. For TABB Group’s May chart of the month, which draws from and follows on TABB Group Hedge Funds 2008: Perspectives on Prime Brokerage, Volatility and Expansion, its fourth annual benchmark industry study, Schulz says that nearly 40% of hedge funds plan to expand their investments into new regions over the next two years. Many of these funds will support those expansions by opening new offices abroad.

The onslaught of the locusts?

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