21.07.2008 Opalesque Exclusive: New Research from Man Group: Attack of the hedge fund clones - Investable indices, Alternative beta, 130/30, Permanent capital
Hedge funds and funds of hedge funds (FoHF) have become part of the mainstream and their diversification benefits are widely acknowledged but high fees and comparatively poor liquidity still constitute a barrier for many investors. This reluctance is fuelling the growth of various new hedge fund alternatives.

The first-generation of hedge fund alternatives were investable indices, which aim

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