Private equity funds benefit from the long-term operation and stable growth of enterprises, while securities investment funds benefit from the price changes of corporate securities, and their investment purposes are quite different. Therefore, private equity funds are famous long-term investors in the financial market. Many hedge funds are no longer limited to Jones' long/short stock model. With Ross's coquettish operation in the foreign exchange market, Robertson creatively used modern financial derivatives such as futures and options, but when Jones founded the fund, futures and options did not exist.
With a large number of new hedging tools and good publicity, the hedge fund industry broke out. By the end of 1999, there were as many as 40,000 hedge funds of different forms, sizes and sizes in the investment field. If a fund cannot meet the above two standards, it is unreasonable to charge the fees of hedge funds. Investors have reason to question that their fees are too high, or ask fund managers to lower their fees to * * * the same fund/Public Offering of Fund, or even index funds/ETFs. Because hedge funds have various investment strategies, each of which is very complicated.
Due to the limited space, the author will not repeat it. Interested friends can go to the author's column (Wu Zhijian Evidentialism) and search for the keyword "hedge fund". There are many historical articles for readers to read. This paper introduces in detail whether different strategies and historical benefits bring value to investors and how to choose them. Hedge funds include various investment strategies. Every investment strategy is independent and almost has nothing to do with other strategies. The strategies of hedge funds are mostly complicated, which require a high degree of professional knowledge and operation, and most people can't understand them.