FYI: Hedge funds have come under a lot of criticism in the past few years because of their poor performance, headline risk and high fees.
Some of this criticism is warranted — it comes with the territory when you charge premium fees — but people also tend to forget that hedge funds are not an asset class, they are an investment structure.
Regards,
Ted
http://awealthofcommonsense.com/2016/02/what-hedge-funds-get-right/