BDO's Neil Fung-On says investment managers are failing to address the risks associated with the Alternative Investment Fund Manager's directive.
The FSA has published rules funds of alternative investment funds must abide by.
A ex-BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.
Brevan Howard's Master hedge fund requires direct investors to invest a staggering $20m to get in. However, investors can gain access to such a high-end offering via the group's BH Global vehicle, for £11.29
A diverse range of unconventional assets is available to investors unimpressed by the returns available conventionally
Multi-manager firm FundQuest is looking to launch a new fund to capitalise on growing number of Ucits III vehicles arriving from the hedge fund space.
GLG Partners is set to roll out a Ucits III version of the group's flagship long/short UK Alternative fund.
HSBC has launched sterling retail and institutional share classes on its Ucits AdvantEdge fund of hedge funds.
Global listed infrastructure is well positioned in this environment as the asset class offers investors sustainable growth and inflation protected income streams.
F&C head of retail multi-management Dean Cheeseman believes continued hedge fund convergence into the retail space will dominate 2010's product launches.