(by Geck Finn) 

Hedge funds, developing fast, now may lose their strategies. Despite of that there are some significant areas for them to be involved, JPMorgan recent research showed.

Hedge funds report showed the worst result within six years. Their revenue accounted for 2.75% against 11% of the past decade.

Among others, the survey paid attention to Double B bonds rated below investment grade.

12 months off the maturity bonds are usually sold by the investors. Money market investors are also not interested in them as they are too long-term. "The one-year maturities fall between cash-oriented investors such as money market funds, who invest in short paper below half a year, and bond funds, who follow indices that start at one-year maturities," was said in report.

Hedge funds are also too small for the foreign exchange markets. The large number of participants in the foreign exchange market interpret experience risk in a different manner, survey showed.