April 15, 2009
Last time, we looked at what funds of funds (FoFs) are, and the two most common approaches: multi-strategy and multi-manager funds. Today, we’ll look at the overall advantages and disadvantages of the category.
Advantages
Relatively low minimum investment levels. A fund of funds does not have to limit itself to accredited investors (investors with a net worth [...]
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March 5, 2009
Last time, we examined how market-neutral hedge funds “hedge” market risk with offsetting long and short positions. We looked at market-neutral equity investing in particular.
Investment professionals who hold jobs as market-neutral managers use other securities to hedge against market risk as well.
Bond hedgers try to remove the effect of broad market moves from their portfolio [...]
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