Monday, January 21, 2013

Funds of hedge funds eye retail to halt meltdown


From Financial News: Funds of hedge funds managers, finding themselves out of favour with institutional investors, are turning to the retail market for new sources of capital. 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…..


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