A “hedge clause,” when incorporated into an investment advisory agreement, is designed to limit an adviser’s liability to its advisory client.

The core idea behind a fund-of-funds strategy is that by combining various hedge fund strategies into ... the fees imposed by the FOF manager. For example, if an investor places $10,000 in a ...

To show you how to calculate the net asset value of a hedge fund, we'll look at the financial statements of Pershing Square Holdings, a publicly traded "hedge fund" that's managed by Bill Ackman.

"If you can nail that type of investing, there are great rewards for it," one former portfolio manager said.

Hedge funds sold European stock during March and April in the largest amount in 10 years, said a report by Goldman Sachs.