Funds of hedge funds outperform hedge funds over 12 months

But typical FoHFs ‘more exposed to market risks now than in recent memory'

Co-simulation of risk factors in power markets

Funds of hedge funds (FoHFs) outperformed hedge funds on an equal-weighted absolute basis over the last 12 months ending May 2015, returning 6.65% versus 5.84%. Measured over the last five years