Hedge fund guide released

There's a lot of angst in the hedge fund industry right now, and for good reason. The headlines are certainly negative: "Massive redemptions," "Margin calls," "Lawsuits" and most recently, the "Worst Month Ever for Hedge Funds." But for all that, institutional investors are not likely to give up on hedge funds. And it's worth pointing out that hedge funds have fared well over time. Consider that a $100 in the S&P 500 Total Return Index at the beginning of this decade would equal at $92.1 by September 2008. A $100 in the HFRI Fund Weighted Hedge Fund Index would equal $172. The Alternative Investment Management Association (AIMA) points this out in its just released "Roadmap to Hedge Funds," a lengthy resource that intends to debunk myths and explain how these oft-misunderstood vehicles work. Best of all: It's free.

For more:
- here's the guide

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