Fund of Funds Management (Multi-Manager Funds)

Fund of Funds Management

Fund of Funds Management | What is it?

An investment vehicle whose holdings consist of shares in hedge funds and private-equity funds. Some of these multi-manager vehicles limit their holdings to specific managers or investment strategies, while others are more diversified. Investors in funds of funds are willing to pay two sets of fees, one to the fund-of-funds manager and another set of (usually higher) fees to the managers of the underlying funds

Definition Source: Hedgeco

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Link to This Resource: Fund of Funds Management (Multi-Manager Funds)

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