Ask the questions and then trust your gut instinct, say the authors of Greenwich Roundtable White Paper
By Niki Natarajan
As more and more investors are thinking that investing directly will save them money, few stop to consider the true value of their investment of time and energy: is it really worth it? Funds of hedge funds continue to get bad press but what few of the nay sayers fail to recognise is that what the good ones offer just in terms of due diligence – if you were to break it down into cost per hour – would be a bargain.
Eighteen months ago professional due diligence was estimated