The NIR Group of Roslyn, New York, headed by Corey Ribotsky, offers several choices of investment to its clients, including the AJW Hedge Fund. Traditionally, hedge funds were an investment vehicle which was only open to a limited range of investors and permitted by regulating agencies to participate in a larger variety of investment and trading activities compared to other types of investment funds. Hedge funds pay a performance fee to the manager of the fund, and each fund has a unique investment strategy which will determine the kind of investing undertaken by the fund.
Short selling is a typical method used by hedge funds to offset potential losses (hedging) by reducing risk, in the markets that the fund is invested in.
Over time however, the term hedge fund has come to refer to funds which use short selling and other “hedging methods” to actually increase risk with the hope and expectation that increased financial return will be realized.
AJW Hedge Fund of the NIR Group
Posted in Corey Ribotsky, Hedge Funds, NIR Group, NY Times, Press.
– 04/22/2009