Learn what hedge funds are, how they work, and why they are limited to accredited investors. Explore different types of hedge fund strategies, such as equity, global macro, and volatility arbitrage, and some of the famous managers and their returns. A hedge fund is a vehicle in which investors contribute capital to professional money managers who in turn devise and execute the investment strategy for the fund . That broad description applies ... A hedge fund is a collective investment managed by a group of authorised or institutional investors. Investing in a hedge fund is typically thought of as a risky option that targets wealthy and affluent clients and demands a high minimum commitment or, say, net worth. Learn what a hedge fund is, how it works, and why it is attractive to accredited investors. Explore the different types and strategies of hedge funds, and see examples of the largest and most successful ones.