Hedge funds will continue to suffer poor results and redemptions for the next four years, Sanford C. Bernstein Analyst Brad Hintz told Reuters. And over the next year, one in four hedge funds will shut down, Hintz added.

Assets in hedge funds will decline 18.2% to less than $1 trillion this year, and won’t recover until 2013, he said. At their height in the middle of 2008, they stood at $2.2 trillion.

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