Funds of Hedge Funds and the Principles of Fiduciary Investing Following the Global Financial Crisis
Paul U. Ali, Melbourne University Law School, Melbourne, Australia
29.2 The Principles of Fiduciary Investing
29.3 Prudent Investing
29.4 Investing in FoHFs
29.4.1 Structural Factors
29.4.2 Diversification Factors
Funds of hedge funds (FoHFs) are an increasingly common way for institutional investors as well as high-net-worth individuals to access the hedge fund sector. Unsurprisingly, there have been renewed calls in the wake of the global financial crisis to subject the hedge fund sector to greater regulatory scrutiny, but this has not undermined ...