It is reported that investors are looking to cut out the middelman when it comes to investing to hedge funds. Funds of Funds will not like this news since they are the middleman. Investors can look directly to the hedge funds rather than to the selection by Fund of Funds managers.
To view a related article, please click here:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a3S1pdmRO.og&refer=home
James Sutliff