Hedge funds defend their records
04/23/2005 - As the number of hedge funds has ballooned to 7,700 with about $2 trillion under management in the last decade, so has speculation that these mysterious investments are the next dot-coms, headed for a bubble busting.

Van Global Hedge Fund Index Loses -0.9% Net in March; Hedge Funds Beat the S&P 500 for the Month and the Quarter
GREENWICH, Conn.--(BUSINESS WIRE)--April 7, 2005--The Van Global Hedge Fund Index declined -0.9% net of fees in March according to a preliminary report released today by Van Hedge Fund Advisors International, LLC (VAN), a leading hedge fund consultant. The Index, a widely cited hedge fund performance benchmark, represents the average return, net of fees, of hedge funds that report to VAN.

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