Funds of hedge funds seek niche position to keep competitive edge

What extra services and product types will funds of hedge funds have to offer so as not to be disintermediated by end allocators?Putting together a portfolio of funds is not a simple task. Finding the right managers and level of diversity that ensures high returns with requisite low risk is a skill that funds of hedge funds (FoHF) claim is not one investors, and particularly institutional investors, have the expertise and experience to achieve.Constructing the right portfolio also involves n