Hedge Funds: do they really hedge?

Hedge Funds: do they really hedge?

Do hedge funds accomplish their mission or not?

In the first place, we explain what a hedge fund is and the story of the first hedge fund. Then, we analyse the current situation of the industry and how it has changed since the inception of the first fund, and finally, we compare its performance against the S&P 500 to determine if they really deliver better results in bear markets.