Describe side pockets.
Answer to relevant QuestionsWhere does the name hedge fund come from?Discuss the dangers of asset/liability mismatch. What are some strategies that hedge funds employ to mitigate this issue?Merger arbitrage is considered a market-neutral strategy. Under what conditions would this no longer be the case?Activist funds need to devote more time and resources to investments compared to most other fund strategies. What added risk does this produce for activist funds?Describe the key characteristics and benefits of hedge funds.
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