August 15, 2011
For years, funds of funds attracted capital by offering investors access to top-tier hedge fund managers, while providing a layer of diversification by investing in a broad array of funds. They justified charging extra fees by claiming the diversification and their due diligence process would protect investors from major down drafts. Unfortunately, the financial crisis [...]
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August 8, 2011
Many hedge funds are now turning to outsourcing for more mission-critical aspects of their business, rather than simply as a way to offload non-essential tasks. That’s the view of Alberto Corvo, a managing principal of the financial services division at eClerx Services Limited, a capital markets and investment management consulting and outsourcing company. Corvo recently [...]
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