What Is a Hedge Fund? Meaning, How They Work, and Key Features Explained

A hedge fund often evokes images of exclusive investment clubs, high-stakes bets, and elite money managers steered by sophisticated strategies. Yet, the term can also feel abstract or misaligned with everyday experience. In essence, a hedge fund is an alternative investment vehicle that pools capital from accredited investors—think institutions, pensions, ultra-high-net-worth individuals—and targets high returns […]