The best replacement for hedge fund is mutual fund.

The best alternatives to hedge fund are rated as following:
★★★★★  mutual fund
★★★★★  private equity
★★★  investment bank
★★  asset management
★★  venture capital
★  investment banking
★  etf
★  private equity fund
★  pe
★  prop trading
★  fund of funds
★  index fund
  cta
  ria
  holding company
  prop shop
  ponzi scheme
  mutual
  family office

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Google Trends

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hedge fund
mutual fund
private equity