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The document provides an introduction and overview of hedge funds, including: - The first known hedge fund was established over 50 years ago by Alfred Winslow Jones who sought to hedge market risk. - Hedge funds use a variety of instruments like long/short positions, derivatives, and leverage to generate returns independent of market direction. - The hedge fund industry has grown from $80 billion in 1990 to over $1.8 trillion in 2010, though it remains smaller than mutual funds. Strategy types include

Author

GauravMunjal

Language

EN