Technology blurs line between mutual funds and funds of funds

SPECIAL REPORT: FUNDS OF FUNDS

As funds of hedge funds attract more interest from institutional investors and scrutiny from regulators, their adoption of more sophisticated technology are bringing their operations closer to those of mutual funds. Stewart Eisenhart reports

A new report from Boston-based consultancy Celent Communications, finds that funds of hedge funds now control more than $81 billion (13%) of the $600 billion hedge fund market. The Fund of Hedge Funds Industry cites two main factors affecting how funds of

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