Most people view hedge funds as risky investment vehicles. Richard A. Schilffarth sees them as the best way to drive performance for the next several years.
Not just for the rich and famous anymore, hedged portfolios are now available to average investors through plain old mutual funds.
“Relative returns are yesterday, and absolute returns are today. Now we have to manage money for client need, not for some esoteric idea like, ‘I want to beat the Nasdaq,’ ” said Schilffarth, a 35-year investment industry veteran and managing director of Ziegler Consulting Services, a division of B.C. Ziegler & Co., Milwaukee.
