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Lecture 6Alternative Investments ;Aims;Global fund management;Alternative investments;What is an Investment Company?;Investment Companies Policies;MN50322 Investment Management;MN50322 Investment Management;MN50322 Investment Management;Net Asset Value ;Mutual Fund Costs;Exchange-Traded Funds (ETFs);Advantages Disadvantages of ETFs;Hedge Funds;Growth of hedge fund industry;Hedge Fund Performance;Average Hedge Fund Returns;Differences between Hedge Funds Mutual Funds;Why are hedge funds successful?; Stock selection/equity hedged combinations of long-short positions, normally in equities,