In the recent times, a growing trend has been to invest in multi-strategy hedge funds. These combine the benefits of diversification that are extended by funds-of-hedge funds and that too at a lower fee.
Euro Today reports:
Funds-of-funds still represent a big chunk of the market. But the advent of multi-strategies, especially when backed by the marketing might of a large financial institution, puts extra pressure on funds-of-funds to prove how they add value.
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