09.10.2007 Opalesque Exclusive: A case for funds of funds of hedge funds (3F): 3 levels of fees but also 3 levels of added-value, why structure is viable
From Benedicte Gravrand, Geneva: Investing in 200 to 300 hedge funds at the same time with only Eur50,000 (US$70,000) can be an attractive prospect: you get all the added-value. ‘Added-value’ is the F3 funds’ by-word against the charge that they dilute returns. “When you have a strategy that is really diversified, there is a great chance to do well,” Mr. D’Aur
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