Alternative investments offer good route to growth

Investors should consider allocating up to 20% of their portfolios to alternative investments, including hedge funds, according to a leading private wealth management expert, speaking in April at Banque Privée Edmond de Rothschild Europe's conference in Italy.

David Darst, chief investment officer at Morgan Stanley Private Wealth Management, said the full 20% could be considered in a scenario of moderate growth and inflation and if the oil price sits at about $26.23 per barrel. If oil falls to a