2.1 CHARACTERISTICS OF HEDGE FUNDS2.2 HEDGE FUNDS AS AN ASSET CLASS2.3 TAXONOMY OF HEDGE FUNDS2.4 MYTHS, MISPERCEPTIONS, AND REALITIES ABOUT HEDGE FUNDS2.5 A SHORT HISTORY OF HEDGE FUNDS2.6 THE HEDGE FUND INDUSTRY TODAY2.7 THE FUTURE OF HEDGE FUNDS – OPPORTUNITIES AND CHALLENGES