Hedge fund managers are predicting a tough year for the sector in 2012. A report by the consulting firm Rothstein Kass found about half of the 400 hedge fund managers who responded believed that 2012 would be a “a difficult or somewhat difficult” year for the industry. Almost 40 percent expressed concerns that the United States would enter a double-dip recession. Only about 32 percent of those who responded in 2011 thought it would be a rough year for hedge funds.

http://dealbook.nytimes.com/2012/04/25/hedge-fund-managers-see-tough-year-for-industry/?nl=business&emc=edit_dlbkam_20120426