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Article: Hedge Funds 101: What Investors Need to Know; CFA Institute Provides Investors with the Key Facts and Questions.
- Article from:
- Business Wire
- Article date:
- February 1, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHARLOTTESVILLE, Va. -- Although hedge funds were once solely an investment vehicle for wealthy individuals and institutional investors, the industry has undergone enormous change over the past decade. Today, the SEC estimates that hedge funds collectively manage an estimated US$650 to US$900 billion in assets, perhaps due in large part to the lure of outsized returns and falling thresholds for investors. For those individuals unfamiliar with hedge funds, CFA Institute, which administers the prestigious Chartered Financial Analyst(R) (CFA(R)) program worldwide, has compiled key facts and questions to consider before investing in a hedge fund.
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