That is why the operation of means of the early hedge fund can be said to be a hedge on the conservative investment strategy hedge fund management forms.

正因为如此的操作手段，早期的对冲基金可以说是一种基于避险保值的保守投资策略的基金管理形式。

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This chapter firstly introduce the operation of hedge fund expressly and its incurred risks in order to illustrate the necessity for regulation upon the fund.

本章首先详细介绍了对冲基金的运作过程、以及所产生的风险，进而从中说明对其监管的必要性。

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Those returns have been so consistent that some on the Street have begun speculating that Madoff's market-making operation subsidizes and smooths his hedge-fund returns.

这些收益率是如此的平稳，华尔街的一些人士不免开始猜测麦道夫运用市场策略去平滑其对冲基金的业绩。

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Lest there be any doubt that the hedge fund business is becoming crowded, get this: Billionaire investor Sid Bass is expanding his hedge fund operation by going after the do-good crowd.

FORBES: Sid Bass tries to hook investors with a no-sin fund.

Julius Baer, another medium-sized bank, sold its institutional stockbroking arm in 2003 and is now spinning off GAM, its volatile hedge-fund operation.

ECONOMIST: Offshore private banking

Khan, a central figure in Operation Perfect Hedge, was one of the original cooperators with the government and she testified against Whitman at trial.

FORBES: There Must Be 50 Ways to Inside Trade