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In search of the philosopher's stone

High-net-worth individuals are the original hedge fund investors but as their numbers increase, so it seems do their expectations of the returns hedge funds can deliver. However, greater education is needed for investors to get the most out of hedge funds

According to one research report (published by marketresearch.com), high-net-worth individuals, at least in Europe, are classified as those with in excess of €300,000 ($380,000) in liquid assets. Using that definition, the report suggests that the six major European economies (France, Germany, Italy, the Nordic Group, Spain and the UK) housed some 648,000 high-net-worth individuals (at the end of

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