Ucits fund of hedge funds proliferate despite lack of diversitiy and underlying funds

Proliferation of Ucits funds of funds: Ucits supplement July 2010: Examining the phenomenon

tied-up-hand

At present there are only a handful of established funds of Ucits hedge funds (FoUHF), although the first months of 2010 have seen the launch of several more. Whether this is a sign there is rea