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All About Hedge Funds, Fully Revised Second Edition by Ezra Zask Published by McGraw-Hill, 2013 $2 trillion managed by hedge funds. Unlike hedge funds, mutual funds are open to all investors and have no minimum investment. As a result, they have a much wider investor base of both individuals and institutions.

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Data Hedge Funds. A number of databases track hedge fund returns. Our data come from a combination of several of these databases, including Altvest, Hedge Funds Research (HFR), HedgeF (now part of Lipper HedgeWorld), Lipper TASS, mHedge, and a confidential (and very small) database of funds tracked by a fund of hedge funds. Although there is substantial overlap between the databases.

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Shareholders, hedge funds and legal action. Two hedge funds that owned 20% of the bank, SRM Global and RAB Capital, took legal action against the government, regulators and individuals whose nationalisation of the bank, they believed to have been inappropriate, and a contributory factor to the current crisis.

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