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Hedge Funds: How They Invest Their $2.4 Trillion War Chest

Forbes – A well-balanced investment portfolio might contain a mix of stocks, bonds, cash, real estate and what are known in financial circles as “alternative investments.” This last mysterious category includes (among other exotica) 10,000 hedge funds now wielding nearly $2.4 trillion in assets worldwide.

Hedge funds have littered the financial pages and gossip rags for years. But how exactly do they put that massive mountain of capital to work?

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