PT  - JOURNAL ARTICLE
AU  - Alexander M. Ineichen
TI  - Funds of Hedge Funds
AID  - 10.3905/jwm.2002.320425
DP  - 2002 Jan 31
TA  - The Journal of Wealth Management
PG  - 47--63
VI  - 4
IP  - 4
4099  - https://pm-research.com/content/4/4/47.short
4100  - https://pm-research.com/content/4/4/47.full
AB  - Given the current hype surrounding investing in hedge funds, the author assumes that most investors by now will agree that investing in hedge funds can make sense when viewed not in isolation but in a portfolio context. The next step, therefore, is implementation. Investing in funds of hedge funds has some advantages and some disadvantages. This article looks at the fund of funds industry, and contrasts the advantages with the disadvantages from the investors' point of view.