%0 Journal Article %A Martin Fothergill %A Carolyn Coke %T Funds of Hedge Funds %B An Introduction to Multi-Manager Funds %D 2001 %R 10.3905/jai.2001.319006 %J The Journal of Alternative Investments %P 7-16 %V 4 %N 2 %X In addition to the enhanced risk/return profile of funds of hedge funds, there are numerous additional structural benefits to investment in multi-manager hedge funds. This article both reviews the characteristics of various hedge fund strategies and emphasizes the unique structural characteristics of multi-manager hedge funds. %U https://jai.pm-research.com/content/iijaltinv/4/2/7.full.pdf