How 'liquid alternative' hedge fund strategies are becoming more accessible

HEDGE FUNDS

Fred Ingham, portfolio manager, Neuberger Berman alternative fund of hedge funds investment team, explains the regulatory changes which have made ‘liquid alternatives' in the hedge fund sector a more accessible product

The alternatives industry is seeing a transition. It has gone from a sector historically tainted by perceptions of opacity, exclusivity and high fees, towards a more open framework, accessible to a broad range of investors, at terms which no longer require interested parties to take a deep breath before signing subscription forms.  In particular it has led to the growth of investments in ‘liquid alternatives’. Liquid alternatives refer to a new generation of regulated products, usually employing liquid hedge fund or other alternative strategies. They are offered as mutual funds in the...