The fund of hedge funds (FoHFs) industry is stepping up the pace of innovation in a push to improve performance and regain investor confidence. Business models have changed, fund structures have been overhauled and investment strategies have been tweaked, resulting in the launch of some innovative products.
There are good reasons for FoHFs to embrace change. The industry has come in for some harsh criticism of late. Frustrated investors complain that FoHFs diversify away hedge fund alpha, have to
The week on Risk.net, December 2–8, 2017Receive this by email