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High net worth customers can't get enough of alternatives
We've noted the long-running debate about whether the accreditation requirements for hedge fund investors ought to be lowered. For many the rules strike a paternalistic note: The non-wealthy can't comprehend the risks. That has galled many over the years in part because they think most of the publ
Advisers, hedge funds not connecting
People tend to underestimate how important high net worth individuals are to hedge funds. Most people would assume that institutions account for the majority of the industry's assets, but they would be wrong ; individuals do. (However, institutions account for the majority of assets at large he
