HedgeCo.Net
HedgeCo.Net is a complete one stop shop for the industry. Before you can access anything interesting you have to register first.
BarclayHedge
One of the best resources is BarclayHedge with many databases and tables.
Like with many of the resources mentioned the important content is reserved for paying clients.
Their free data base research tool is available here.
Credit Susisse
CSG Liquid Alternative Beta provides indices that aim to replicate the returns of the broad hedge fund universe as well as its individual sectors using common, liquid market factors.
Dow Jones Credit Suisse Core Hedge Fund Indices page.
Another good source is the
Absolute Return + Alpha
Absolute Return + Alpha has a wealth of information though most only for premium subscribers.
http://www.absolutereturn-alpha.com/
Their blogs have infrequent stories on people ,developments and strategies.
The most interesting one is Portfolio Watch
Opalesque
Opalesque brings many updates and background information.Also much registration only.
The TV interviews are worth watching.
Alphaclone
Alphaclone is the place for investors who want to replicate some of their favorite hedge funds.
They also have a regular blog.