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A hedge fund is a lightly regulated investment fund that is typically open to a limited range of investors who pay a performance fee to the fund's investment manager.
In most jurisdictions, hedge funds are open only to a limited range of professional or wealthy investors who meet criteria set by regulators, and are accordingly exempted from many of the regulations that govern ordinary investment funds.
Largest hedge fund managers in the world(2010)
JP Morgan chase $53.5 billion
Bridgewater Associaties $43.6 billion
Paulson&Co $32 billion
Brevan Howard $27 billion
Soros Fund Management $27 billion.…
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