RT Journal Article SR Electronic T1 Funds of Hedge Funds JF The Journal of Wealth Management FD Institutional Investor Journals SP 47 OP 63 DO 10.3905/jwm.2002.320425 VO 4 IS 4 A1 Alexander M. Ineichen YR 2002 UL https://pm-research.com/content/4/4/47.abstract 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.