Equity investors eye up alternative investments

Demand for performance has caused equity investors to look elsewhere for real returns, including hedge funds, property, venture and private capital, wine, fine arts and antiques. John Husselbee, director of multi-manager investment at Henderson Global Investors, said: 'The limitations of traditional investment strategies are being exposed. The buy-and-hold strategy doesn't work at the moment. 'There is an increasing appetite for absolute returns among retail investors. They realise relative returns aren't absolute in all conditions.' Between January 2002 and February this year, UK...