Bank of Singapore maintains hedge fund investing favour

High-net-worth investors should invest some of their assets into hedge funds, despite the poor performance and negative headlines surrounding the alternatives asset class, said Bank of Singapore, OCBC’s private banking arm. The key rationale of the decision is the asset diversification that holding some hedge fund exposure provides. “To us it makes a lot of sense to invest in hedge funds within the long only portfolio, that’s why we advise clients to diversify into alternative inv…