Alternative investments comparison tool launched

Alternatives are products other than traditional investments such as shares, bonds and cash, and the site includes domestic and foreign property, a hedge fund and income funds. Advisers can used Clara Compare to gauge the suitability of the product for clients, and compare costs and returns. Clara Capital said all of the funds it lists have FSA authorised and regulated operators and professional asset management teams. Investments are available to investors only via an FSA authorised intermediary such as an Independent Financial Adviser. Under the RDR, the FSA has expanded its r...