UK retail distribution - boon or bane?

tete à tete: uk retail discussion

In March, the UK's Financial Services Authority (FSA) paved the way for retail funds of hedge funds (FoHF), or at least industry discussion on the topic. The UK market regulator stated plainly in its Discussion Paper 05/3 Wider Range of Retail Investment Products: Consumer Protection in a Rapidly Changing World: "Given the reality of the increasing penetration of 'wider-range' products in the UK retail market, the growing interest in the retail market in such products and our own preference