Hedge funds have been accused of charging extortionate fees. The typical hedge fund charges what they call 2 and 20 fees by which is meant that there is a 2% management fee charged on the total assets managed and a 20% performance fee in the form of a share of profits.  The management fee is [...]

This is the first of a series of Strategy Spotlights which will describe as simply as possible, certain popular hedge fund strategies. The content will be amended and added to from time to time and eventually the whole series will be uploaded to a perpetual part of this site as a reference guide.
 
 
Part 1: [...]

An excruciating year for investing:
 
2008 was an appalling year for investors. Amid the turmoil particularly in the 3rd quarter, hedge funds came under intense attack from government, media, the public, often from their own investors and even from their own prime brokers.  Most of these attacks took the form of vitriolic rhetoric, threat of increased [...]