By Francois Buclez
In case you haven’t noticed, there’s been a lot of discussion and hand-wringing over the fund-of-funds segment of the hedge fund industry. Is it dead? Is it dying? There are those who think so. More subtly, is there any merit to the concerns expressed about muted performance or lack of value for money?
Investors who might want or need a fund-of-funds product are in a bit of a quandary.