Wednesday, August 27, 2008 | 6:58 p.m.

Hedging Bets on a Hedge Fund

by Terry Savage

How do the rich get richer? They hedge their investment bets using hedge funds!

You don't hear too much about hedge funds if you're not an "accredited" investor or "qualified purchaser" with millions in investment assets. But there certainly are a lot of investors who fall into that category and are willing to pay significant fees to get into a hedge fund.

The term "hedge fund" is used to define an investment vehicle that is exempt from registration ...

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Wednesday, August 27, 2008 | 6:58 p.m.
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