RT Journal Article SR Electronic T1 Funds of Hedge Funds JF The Journal of Alternative Investments FD Institutional Investor Journals SP 7 OP 16 DO 10.3905/jai.2001.319006 VO 4 IS 2 A1 Martin Fothergill A1 Carolyn Coke YR 2001 UL https://pm-research.com/content/4/2/7.abstract AB 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.