Apple owns the world's largest hedge fund

I'm not sure it's accurate to call this a hedge fund? From a zero hedge article[1] (that also refers to it as a hedge fund)

> "it is all invested in ultra-safe securities."

If we take hedge fund to mean, "pool of less regulated money" then yes, but they're certainly not executing the sorts of strategies that are typically associated with hedge funds.

1. http://www.zerohedge.com/news/2015-07-23/worlds-biggest-hedg...

Tax avoidance at its best... US$117.2 billion under management equals billions saved in taxes.