The education of advisers and their clients on the merits of hedge funds of funds is essential if their introduction into the retail market is to be a success, says alternative investment manager Bramdean Asset Management.
It was announced last week the FSA and Treasury are making progress towards changes in taxation and other measures for the full implementation of Funds of Alternative Investment Funds (FAIFs) in 2009. But Nicola Horlick, chief executive officer at Bramdean, says the education of retail investors and their advisers is essential if the FSA’s proposals are to be successful. “This is a complex area of the investment market,” she says. “As such I would expect education to be a top priority for our industry. “At Bramdean, we spend a lot of time making sure that our investors and potential inve...
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