Real and fake hedge funds For a hedge fund to be a real hedge fund, it is essential to meet the criteria of hedging. Here, hedging must mean to hedge risk. Whatever the inve… 2020-08-31 Noriyuki Morimoto The Pervasion of Pseudo-Hedge Funds By definition, hedge funds are instruments that hedge market risk. In reality, however, there are very few authentic hedge funds that manage to hedge … 2016-03-14 Noriyuki Morimoto