what is Hedge Funds:-
Hedge funds are generally created by a limited number of wealthy investors who agree to pool
their funds and hire experienced professionals (fund managers) to manage their portfolio.
Hedge funds are private agreements and generally have little or no regulations governing
them. This gives a lot of freedom to the fund managers. For example, hedge funds can go
short (borrow) funds and can invest in derivatives instruments which mutual funds cannot do.
Cs Executive MCQ Book