Why managed accounts are not suited to everybody
For all their recent popularity, it is widely recognised that managed accounts are by no means a panacea that will provide every investor with copper-bottomed protection against all the risks associated with hedge fund investment.
Sean McGould, Lighthouse Investment Partners, Richard Tomlinson, Tomlinson Investment Consulting and Marc Goodman, Kenmar
Nor are managed accounts seen as an appropriate option for all funds of funds, for several reasons. Foremost...