British Regulators Set To Allow Retail Fund Of Funds Access

Feb 22 2008 | 3:11pm ET

British retail investors will have a new place to put their money by the end of the year: funds of hedge funds.

The U.K. Financial Services Authority plans to promulgate new rules allowing individuals outside the high net-worth set to invest in funds of funds. Single-manager funds will remain the preserve of institutional investors and the very rich under the proposal.

In a statement, Dan Waters, director of retail policy at the regulator, said the new rules “allow more choice and a better opportunity for risk diversification, while maintaining consumer protection.”

The FSA will consult with the industry before enacting the rules. The regulator has been mulling retail access to hedge funds for more than two years.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note