They’re Baaaaack: The Investment That’s Making an Unlikely Comeback

01 Jul

They’re Baaaaack: The Investment That’s Making an Unlikely Comeback

Institutional Investor magazine highlighted the revival of funds of hedge funds based on data from eVestment’s annual Alternative Funds Administration Survey.

Goldman Sachs Group bought one in December 2018. A month later, Canterbury Consulting set one up for its clients.  

 

Funds-of-hedge funds, or investment pools that manage portfolios of hedge funds and charge an additional layer of fees, are making something of a comeback — and data and analytics provider eVestment has another piece of research to prove it.