LONDON: Funds of hedge funds expect to make solid profits over the next two quarters, with Japanese and US stocks seen as particularly good investments, a Reuters poll shows.
The Reuters survey of 10 funds of hedge funds, which together manage some $74 billion, forecast average returns in the next three to six months.
Funds of hedge funds spread their money between hedge fund strategies to diversify their portfolios and minimise risk. Funds were slightly more optimistic about expected returns across a range of strategies compared with the last quarterly poll in December
