Hedge fund rankings can play a big part in whether investors are willing to put their capital into these funds or not. There are some hedge funds that are still a great investment even with the current recession that is happening. Look for hedge funds that are well diversified. Offshore hedge funds can be included in good choices for hedge funds as well. The top ten hedge funds that should be considered during a recession are listed below.

#1. JPMorgan Asset Management - This is one of the best hedge funds to consider during a recession. Based in New York and holding assets valued at around thirty three billion dollars, this hedge fund is very well diversified, which will help to protect investors in this hedge fund against enormous losses.

#2. Goldman Sachs Asset Management - This fund is another good hedge fund to consider. This fund offers more than thirty two billion dollars in assets, and is also located in New York. This hedge fund is also well diversified, with investments in real estate, private equity, stocks, currency, and alternative assets, among other investments.

#3. Bridgewater Associates - This is another viable choice in hedge funds. This fund has a total of more than thirty billion dollars in assets, and is located in Westport Connecticut. This hedge fund has investments in emerging markets, equity investments, currency, commodities, bonds, and global fixed income. The diversity of the portfolio for this hedge fund makes it a good choice, even during a recession.

#4. D.E. Shaw Group - The D.E. Shaw Group is one hedge fund that can be a great investment. This fund offers more than twenty seven billion dollars in assets, and is based in New York. This hedge fund invests in buyouts of existing companies, usually companies that are facing either financial difficulties or bankruptcy. This hedge fund also finances new companies, and invests in distressed debts, emerging markets, energy and power, currencies, private equities, direct lending, and other ventures.

#5. Farallon Capital Management - This hedge fund is a good choice as well. This hedge fund invests in emerging markets, mergers, venture capitalism, equity securities, debt securities, real estate, restructuring, recapitalization, and other investment areas, giving them a well diversified portfolio that appears to be a winner.

#6. SAC Capital Advisors - Located in Stamford, Connecticut, this hedge fund operates with assets totaling more than twelve billion dollars. This hedge fund is one of the largest traded funds on the market, and investments for the fund include many diversified interests which make this fund a good choice during rough economic times.

#7. Cerberus Capital - This hedge fund seems to be a good choice, especially in the recession. With assets at over nineteen billion dollars and a home base in Manhattan, this hedge fund specializes in distressed properties, which are plentiful right now. This hedge fund is definitely one to invest in.

#8. Appaloosa Management - This hedge fund also specializes in distressed properties and investments. This hedge fund has over five billion in assets and is situated in Chatham, New Jersey. This hedge fund is a little more volatile than others on the list, and so offers risks which are a little higher.

#9. ESL Investments - ESL Investments is a hedge fund worth eighteen billion dollars, and is operated out of Greenwich, Connecticut. This hedge fund is operated by Eddie Lambert, who was called one of the greatest investors to come from his generation. The hedge fund invests heavily in stocks, but the right stocks, consistently.

#10. Citadel Investment Group - This hedge fund is well diversified, giving it an edge in a recession. It has assets worth more than thirteen billion dollars, and is situated in Chicago, Illinois. This hedge fund would be a good choice for investors in tough economic times.