Money Management – Six out of a possible 20 hedge funds have received a recommended rating from Zenith Investment Partners, in a review it said could help dissipate common misconceptions about the alternative sector.<\/p>\n
The investment researcher added Credit Suisse<\/a> Global Diversified Strategies Fund, HFA<\/a>-Diversified Investments Fund Hedged B Class, Macquarie<\/a> Newton Global Futures Fund, Macquarie Newton Multi-Strategy Fund, Select<\/a> Alternatives Portfolio and Select Gottex Enhanced Market Neutral Fund to its recommended list.<\/p>\n In Zenith\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s opinion, one of the main attractions of hedge funds is the low correlation they typically have with traditional asset classes such as Australian and international equities, property and fixed interest.<\/p>\n Zenith senior investment analyst Glen Franklin said there was a perception in the market that because hedge funds often used leverage, they were only appropriate for higher risk profile investors.<\/p>\n