www.globeandmail.com – When it comes to the complex world of hedge funds, leave the homework and due diligence to the professionals.
“The retail investor does not really have the know-how,” said Claude Porret, a member of the hedge fund ventures management committee of RMF Investment Management. The Swiss alternative investment firm manages about $18.4-billion (U.S.).
“It’s like if I go to the doctor. How can I really know if the doctor is good or not? Do I have the means to do due diligence?” Ms. Porret said yesterday following a Toronto presentation to the Alternative Investment Management Assoc