Spanish alternative industry primed for boom

The 2005 law introduced by the Spanish financial regulator allowed, for the first time, the retail distribution of hedge fund and fund of hedge fund investment products, resulting in increased involvement by domestic and global managers in the burgeoning Iberian market. Stewart Eisenhart outlines the changes, but notes that funds of funds are likely to attract the lion's share of retail capital

A new research note by Boston,US-based financial consultancy Aite Group, Spain's introduction of r