Adding value

Stephen Ashworth of Reech Capital discusses the use of structured products on hedge funds and what part they can play in a bear market

Regular readers of this publication will be aware of the reasons behind the impressive growth and development of the hedge fund industry over the past few years. With so many funds in the market and an increase in the transparency of the strategies of these funds, some intermediaries have been developing an offering for structured products on hedge funds. These can take many forms, just as they originally did in the underlying derivatives markets where many of the concepts were developed

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