Hedge funds should be made available to retail investors in the UK, according to a survey conducted of fund managers, private client stockbrokers and private bankers, by RSM Robson Rhodes and Intrinsic Asset Management.

The survey is in response to a feedback statement from the FSA, the UK regulator, on a discussion paper. RSM Robson Rhodes and Intrinsic Asset Management believe the paper confirms the watchdog's reluctance to condone hedge fund investment by retail customers, without ruling out the possibility entirely.