Definition of Hedge Fund
A hedge fund is a private investment company that manages third-party securities to cover them from possible risks and / or increase their value. Historically, hedge funds appeared after World War II at the hands of sociologist and journalist Alfred Winslow Jones, who founded, the Jones Hedge Fund in 1949. Although it is customary to hear about hedge funds as a homogeneous instrument, in reality, this concept denotes a varied typology in the world of high-risk financial investment. Indeed, a hedge fund can be either an investment fund, or another type of company.