Before Investing in Hedge Funds, Investigate
7/08/2010
If the past few years have taught investors anything, the lesson is clearly “buyer beware.” Now, more than ever, investors and their advisers should perform careful due diligence before investing, especially if the investments involved are complex and opaque.
From his perspective as a hedge fund auditor, Jay Levy, CPA, J.H. Cohn partner and Financial Services Industry Co-Practice Director, suggests five practices that financial advisers should follow before making a hedge fund investment for their clients.
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