There may be something of a <a href="http://dealbreaker.com/2017/02/hedge-funds-loving-europe/">hedge-fund renaissance</a> going on in these wild early days of Donald Trump’s America, but California’s hedge fund managers aren’t so sure. After all, they are from <a href="https://www.washingtonpost.com/news/politics/wp/2017/02/06/california-and-president-trump-are-going-to-war-with-each-other/?utm_term=.28e7886e968d">California</a>. And they’re just not sure that some <a href="http://dealbreaker.com/2016/12/president-trump-has-single-handedly-saved-literally-dozens-of-hedge-fund-jobs/">Trump-flated returns</a> are going to do all that much to improve the industry’s <a href="http://dealbreaker.com/2016/05/hedge-clippers-sohn-conference/">standing with the general public</a>, or that they’ll stave off the <a href="http://dealbreaker.com/2016/04/hedge-funds-are-already-dead/">long-term decline</a> that looked <a href="http://dealbreaker.com/2016/05/hedge-fund-historian-begins-process-of-determining-when-hedge-funds-decline-became-terminal/">terminal</a> prior to Nov.8, or that Californians won’t inflict some frontier justice on them after reading things <a href="http://dealbreaker.com/2016/08/robert-mercer-donald-trump/">like this</a>. So they’re broadening the base and taking shelter in the second-to-last refuge of scoundrels: <a href="http://dealbreaker.com/2015/03/artists-formerly-known-as-hedge-funds-try-hand-at-rebranding-do-even-worse-than-a-f-k-a-p-e-funds/">Rebranding</a>.