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The fund of hedge fund paper chase

As Morgan Downey from LaSalle Global Fund Services explains, the administration of funds of hedge funds is advancing but still remains largely a paper-based operation

Since the turn of the century, the growth in the fund of hedge funds market has been one of the significant drivers of the broad acceleration of the alternative funds space.

Driven by institutional and pension clients looking for exposure to alternative strategies, but wishing to avoid manager-specific exposure, the growth in these structures is likely to continue with UCITS III regulations and the

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