Singapore has approved the launch of the first liquid multi-manager alternatives fund for retail investors. Franklin Templeton hopes to take advantage of retail investors increasing their allocations to hedge funds.
Tag : k2
The asset manager is set to launch a liquid fund-of-hedge-fund product in Korea. Sources say Singapore is next, with Hong Kong and Taiwan also on the list of target markets.
The region's hedge funds and funds of hedge funds must evolve to suit the needs of big-ticket investors, says K2's James Rice.
