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Professor Stephen Brown explains why hedge funds are not ideal for retail investors

australian financial review logo feature
Excerpt from Australian Financial Review -- "But retail investors [in Australia] can [invest in hedge funds]. You have to be prepared to do the operational due diligence, to know that in a liquidity crisis hedge funds will lose money and to invest in a diversified portfolio. If you can't meet those criteria you shouldn't be investing in hedge funds."

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Additional coverage appeared on Sydney Morning Herald.