D Question 8 4.8 pts Jason is researching Hedge Funds and needs your help to explain these instruments. He has raised two questions below and you are required to provide explanation so he understands the issue well. a) (2.3 marks) I know that Hedge Funds are less liquid (in terms of entering the fund and leaving the fund) because they do not provide liquidity on a daily basis in addition to other restrictions. However, I do not understand why hedge managers make it so difficult for investors to enter and leave these investments. b) (2.5 marks) I know that hedge funds are private investments and do not have the same requirement as mutual funds to provide daily holdings. I know that most hedge funds do not even report their performance, and even when they do report their performance, it is only for the period when they performed well. If I wish to select a good performing fund, what are the two best indicators (not fund's historical returns) to identify good performing funds. Please make sure why these indicators are reliable in identifying good hedge fund managers. Edit View Insert Format Tools Table 12pt Paragraph B I U A 2 T