This research should be extremely useful to professionals in Finance and Investment field as well as to students and researchers who are conducting studies on related topics. To what extent the correction of their returns affect their attractiveness. However there is a lack of literature regarding their performance during the recent financial crisis. Over the last decades the importance of Hedge Funds in the global economy is continuously increasing. What happens to their correlation with other assets when the state of the economy is changing. This book is trying to fill in this gap by answering questions like: How Hedge Fund returns were affected by the recent financial crisis. By following sophisticated investment strategies Hedge Funds support that they can deliver superior returns comparing to other asset classes.