NEW YORK - As mutual funds continue their struggles to retain assets, investors are looking for more beneficial ways to invest their money and have turned a gleaming eye towards hedge funds and offshore accounts. After all, these are two of the few areas left that have not already been saturated.

But there are many issues investors need to know before deciding whether to send their dollars across the sea, according to a recent conference hosted by The National Investment Company Service Association (NICSA).

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