Funds of hedge funds make sense

As funds of hedge funds are increasingly being recognised as a robust and attractive investment oppo...

As funds of hedge funds are increasingly being recognised as a robust and attractive investment opportunity, the question of in which structure to invest arises. Investors need to decide whether they want to be in the most common open-ended company structure or the exchange-listed, closed-ended investment company. The closed-ended investment companies are created through an issue of shares and are typically listed on a known stock exchange such as London or Zurich. The companies have a fixed number of shares and an associated price relating to share supply and demand. The closed-ended ...