FSA proposes wider retail access to hedge funds


UK regulator the Financial Services Authority (FSA) has set out proposals that would allow UK retail consumers to invest in funds of hedge funds and other alternative investments sold by firms authorised in the UK.

"Retail investors here are already able to get exposure to hedge funds and other alternative products in a variety of ways, including structured products," the FSA said in a statement. "The FSA now believes the time is right to allow the development of retail-oriented funds of

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