Funds of funds' popularity bubble grows

Funds of hedge funds, once part of a quiet boutique industry, are now generally accepted as among the lead drivers in bringing alternative-class investments into the mainstream.

The growing popularity of funds of funds (fofs) ' among institutions and individual investors alike ' has led some to describe the industry as both immature and rapidly maturing. In essence, the crossroads is now.

According to a recent study by Barra Strategic Consulting Group entitled Fund of Hedge Funds ' Rethinking

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