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…..
Find out more at http://www.efinancialnews.com/story/2013-01-21/funds-of-hedge-funds-eye-retail-to-halt-meltdown?mod=sectionheadlines-home-AM
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