Shopping around

This year has seen a flurry of multi-manager hedge fund products obtaining a listing on the London Stock Exchange. Traditionally, hedge fund products have sought listings offshore but closed-ended investment companies investing in hedge funds are increasingly finding a London listing an attractive option.

Alan Djanogly's multi-manager fund, Alternative Investment Strategies, was the first product of its kind to obtain a London listing in 1996. However, several products this year have received a L