After the Crisis
R. McFall Lamm Jr., Stelac Advisory Services LLC, New York, NY, USA
1.2. Institutional Versus Private Investor FoHFs
1.3. The Bubble Bursts
1.4. The Aftermath of Crisis
1.5. The Excess Cash Problem
1.6. Could FoHFs Problems Have Been Prevented?
1.7. The Role of Performance Decay
From the early 2000s up to the financial crisis, the funds of hedge funds (FoHFs) business was one of the most rapidly growing sectors of the financial products world. Indeed, FoHFs assets under management (AUM) multiplied 10-fold from the turn of the century to a peak at well over US$2 trillion at the beginning ...