Now may be a good time to take stock of the true value of hedge funds to investors.
By Neil Wilson
As we predicted, this past year turned out to be a year of strong performance for hedge funds, propelling many to a remarkable recovery from the dire conditions of 2008. However, after such an incredible roller-coaster ride, now may be a good time to take stock of the true value of hedge funds to investors. One of the greatest advantages of the hedge fund is that it allows much greater flexibility than a traditional long-only structure like a mutual fund to adjust net and gross exposure by offering the option to go short and/or long and