Matrix opens up the packaged FoHF market

West End-based Matrix Group is no stranger to investment innovation. It was a pioneer in business expansion schemes, enterprise zone property unit trusts and enterprise investment schemes and has a strong pedigree in the venture capital trust market. More recently, it added offered packaged funds of hedge funds (FoHFs) to its list of firsts in the UK retail market. Today, hedge funds are still finding their feet but are fast gaining in popularity among UK retail investors. So much so, the FSA is looking at opening up the market in the new year. Perceptions were somewhat different when Mat...