IFAs face the hedge funds challenge

The same industry which proclaimed Isas to be too complex for the average investor is now enthusiastically planning to target them with hedge funds. The raft of launches continues with an increasing emphasis that retail investors needs exposure to alternative vehicles. The obvious sales pitch is there it is a complicated vehicle but if you had professional advice you should be alright. The problem is that while hedge funds might be attractive propositions IFAs are likely to be wary of them due to their unauthorised and unregulated status. The business risk to the IFA is high if the inves...