IFA attitudes to hedge funds bared

Close Fund Management and Man Investments have jointly published the research into the sector on the back of responses to hedge fund seminars held last month. They say 11% of IFAs are recommending hedge funds currently, with 71% doing so because it is felt such funds can better spread risk, while some 67% feel such products reduce portfolio volatility. Capital security is seen by more than a third of investors as a “highly important factor” against a lower ratio, 23%, who feel capital growth is of equal importance, the research suggests. Of those IFAs recommending hedge funds, some...