{"id":5197,"date":"2006-10-25T00:00:00","date_gmt":"2006-10-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-charm-main-street-though-few-understand-them","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/10\/2006\/hedge-funds-charm-main-street-though-few-understand-them.html","title":{"rendered":"Hedge funds charm Main Street, though few understand them"},"content":{"rendered":"<p>  Marketwatch &#8211; <strong>Hedge funds are mainstream. Once fanciful fodder for cocktail conversation and ego-driven symbols of whose portfolio is bigger, hedge funds have joined the ranks of Joe  Sixpack.<\/strong><\/p>\n<div class=\"p\">  Morningstar, the mutual fund data and tracking organization, and Research magazine find in a new study that most advisers place their clients in hedge funds, even though they don&#8217;t particularly  understand the structure. In fact, many advisers aren&#8217;t even sure if their clients are qualified to invest in them.<\/div>\n<p><\/p>\n<div class=\"p\">  Still, hedge funds are the product de jour and they are about to go from Wall Street elite to Main Street, even if Main Street isn&#8217;t particularly prepared.<\/div>\n<div class=\"p\">  Hedge funds are private investment vehicles that are supposed to be sold only to &#8220;accredited&#8221; or qualified investors. An accredited investor is someone who meets certain income and wealth  standards. However, one-third of the financial advisers surveyed indicated that the qualification isn&#8217;t relevant today.<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<div class=\"p\">  Investors can pretty easily circumvent the &#8220;accredited&#8221; provision. Morningstar and Research don&#8217;t say this directly, but intimate such scenarios exist with the finding: &#8220;The open-ended responses  were grouped as &#8216;not relevant&#8217; if advisers said the asset threshold for accredited investors is too low, the threshold can be circumvented or it is not an accurate means of measuring investor  accreditation.&#8221;<\/div>\n<div class=\"p\">  &nbsp;<\/div>\n<p><a href=\"http:\/\/www.marketwatch.com\/news\/story\/5MBr9sLmnL3krqk5gF3WMfh?siteid=mktw&amp;dist=TNMKTW\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marketwatch &#8211; Hedge funds are mainstream. Once fanciful fodder for cocktail conversation and ego-driven symbols of whose portfolio is bigger, hedge funds have joined the ranks of Joe Sixpack. Morningstar, the mutual fund data and tracking organization, and Research magazine [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5197","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5197"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5197\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}