Standard & Poor's fund services lead analyst Randal Goldsmith says: “The directory provides qualitative analysis of all fund of hedge funds rated by Standard & Poor's fund services and is a valuable reference tool for anyone assessing this increasingly sought-after sector.
“Funds of hedge funds have had a great first half of 2007 with generally positive returns all round, helped by the market background. The best performing funds of hedge funds were those biased towards equity-related strategies such as special situations, merger arbitrage and long/short equity hedge.
“The diversified portfolios of funds of hedge funds can significantly reduce risk for investors, making them an attractive option for investors looking for good long-term investment returns without excessive risk. Our detailed and comprehensive directory is an extremely useful reference tool for those investors assessing rated funds within this sector.”
