An internal fund of hedge funds (FoHF) is a product created by pooling various strategies into a unifying fund of hedge funds open for new investment. This technique essentially creates extra liquidity for the fund manager to play with and at the same time gives access to a new grouping of funds to investors. But is it good value or just a way for fund managers to extract more fees?
Marcos Camhis, head of product development at CMA Global Hedge, believes there are two reasons why this product ben
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