Charm Offensive

Charming!:

According to CNBC's Eamon Javers, many hedge funds are not only surprised by the ferocity of the Reddit rebellion, but also by the low esteem in which the average American holds their industry. 

"I'm told the hedge fund industry feels it needs to push back on the massive criticism it's gotten in the wake of GameStop," Javers writes on Twitter. "Says one source familiar: 'A significant amount of time and attention will be spent working to explain the industry's story a little more cogently.'" 

As for what this public relations charm offensive might look like, Javers's sources say they expect the industry to offer "examples of ways hedge funds have benefited communities and emphasis on vast array of hedge fund investment strategies -- if there's one you don't like, there's probably another you do."