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Hedge Funds

In: The Handbook of Professionally Managed Assets

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  • Keith R. Fevurly

Abstract

The global hedge fund industry has historically been known for its lack of transparency. Some call hedge funds a shadow investment—meaning that, by and large, the assets held and managed by the funds are out of the public view. Accordingly, this makes hedge funds very attractive to high-net-worth individuals who generally do not like to disclose their investments and the size of their wealth to the broader public. After reading this chapter and coming to appreciate the characteristics of hedge funds, you should understand why this is the case.

Suggested Citation

  • Keith R. Fevurly, 2013. "Hedge Funds," Springer Books, in: The Handbook of Professionally Managed Assets, chapter 0, pages 165-187, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4302-6020-2_9
    DOI: 10.1007/978-1-4302-6020-2_9
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