Hedge Fund News From HedgeCo.Net


Funds of hedge funds eye retail to halt meltdown

FN – The result is a growing number of funds being registered with the US Securities and Exchange Commission under the 1940 Investment Company Act, allowing these to be sold on the same basis as mutual funds. They can also access the 401(k) retirement market.

A managing director at a hedge fund manager with more than $10bn under management said: “Funds of funds are a melting ice cube. They have to find a way to reinvent themselves.”

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>