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What is a hedge fund and how does it work?
Despite being called “hedge” funds, these investment vehicles are quite risky. damircudic/Getty
Hedge funds are pooled investment funds that aim to maximize returns and protect against market losses by investing in a wider array of assets.
Hedge funds charge higher fees and have fewer regulations, which can make them riskier.
Individuals, large companies, and pension funds may invest in hedge funds as long as they meet asset requirements.
A hedge fund is a type of investment that’s open to accredited investors. The goal is for participants to come out ahead no matter how the overall market is performing, which may help protect and grow your portfolio over time. But hedge funds come with some risks, which you’ll need to consider before diving in.
Matt York / AP
Immigrants from El Salvador board an MD-80 aircraft for a repatriation flight similar to that used to transport 32 children from the US to Guetamala.
Thirty-two unaccompanied immigrant children who were deported to Guatemala despite a judge s order have yet to be brought back to the US to apply for asylum, six months after the government admitted it was in the wrong. Now, immigration advocates are ramping up pressure on the Biden administration to speed up the process.
“It has been months since these children were expelled in violation of a court order and we need answers immediately,” said Lee Gelernt, an attorney with the ACLU who led the lawsuit challenging the Trump-era policy. “The children need to be given a chance to speak to us as counsel and the option to return to the US if they choose.”