Time to teach,not preach, about hedge funds

Trustees, along with their investment committees, are possibly the most wooed community on the UK investment plan and could undoubtedly dine out with fund of hedge fund managers every day of the year.

However, a report from Instinet in September suggested dinners UK trustees enjoy may focus more on Burgundy and Beaujolais than benchmarks, with the average UK trustee undertaking just one day training in investment matters for every £1.43bn they oversaw, and the same number of days annually (3.3)

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