Risks and rewards of hedge fundinvesting

Once deemed to be the asset class of the rich and privileged, hedge funds are known for performing well during a bear run. But do these fast-growing investment vehicles make good offshore products?

When it comes to offshore investing, most people think of gin palaces, white suited expats and sun drenched isles. But offshore is home of the hedge fund, one of the fastest growing products worldwide. Hedge funds have traditionally been associated with privilege. The reserve of the rich and professional investors, they were brokered in the oak-lined power halls of leading investment and private client banks. This invariably involved significant sums of money and high-level management. However, we are increasingly seeing the launch of retail hedge funds, significantly increasing their ...