Investors looking to beat the average returns of the market will be heading to hedge funds and funds of hedge funds even more in the future, says new research.
According to TowerGroup, a Needham, Mass.-based consulting firm, assets in hedge funds and funds of hedge funds are expected to grow from roughly $1.2 trillion today to more than $2.1 trillion by 2008.
The reason, says the report, is the expanding client base of the hedge fund market. Institutions' allocations to hedge funds, as well as the proliferation of fund of hedge funds and new retail investment products with lower investment minimums, will all contribute to the boom.
Cannon’s Concepts For Professionals: A Complete Library of Essential Financial Concepts
This reference book was updated for 2008 and now contains over 900 pages of information on essential financial concepts and wealth management strategies for your work with wealthy clients. The book not only contains brief summaries of each topic, but it also contains many useful diagrams and charts that can be used with clients when explaining difficult financial concepts. The information in this book meets current FINRA/NASD guidelines....
