What is a hedge fund and why will private banks offer it as a product choice?
A hedge fund is a special investment pool run by professional specialists. They trade their own money in addition to other partnersf money together. There is often a limit to how many are in such a group. The limit is often 50 private investors. They can perform well even when markets go down because they can make profits in bull and bear markets.
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- What is a hedge fund and why will private banks offer it as a product choice?
