romours, page-2

I think HFA has a little bit of a problem in the short term as some are pulling funds out of hedge funds in fear that the market may be depressed for some time. Also with S & P giving the Diversified Investment Fund an "On Hold" rating, this will reduce inflows into HFA. If S & P change their rating back soon, then we may see more funds flowing into HFA, and stem some of the overall outflow of FUM.

I think that this year will be a little tough for HFA, but realistically if you take a 2-3 year approach when investing in HFA, then IMO HFA looks very cheap.