Hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn active return, or alpha, for their investors. Hedge funds may be aggressively managed or make use of derivatives and leverage in both domestic and international markets with the goal of generating high returns. It is important to note that hedge funds are generally only accessible to accredited investors as they require less SEC regulations than other funds. One aspect that has set the hedge fund industry apart is the fact that hedge funds face less regulation than mutual funds and other investment vehicles.
Feb.15 -- The Bloomberg Billionaires Index's inaugural ranking of hedge-fund wealth shows money made in 2018 by the top 10 best-paid money managers. Bloomberg's Alix Steel and David Westin report on "Bloomberg Daybreak: Americas."