Investment Strategies of Hedge Funds

Author: Filippo Stefanini
Publisher: John Wiley & Sons
ISBN: 9781119995289
Release Date: 2010-03-11
Genre: Business & Economics

One of the fastest growing investment sectors ever seen, hedge funds are considered by many to be exotic and inaccessible. This book provides an intensive learning experience, defining hedge funds, explaining hedge fund strategies while offering both qualitative and quantitative tools that investors need to access these types of funds. Topics not usually covered in discussions of hedge funds are included, such as a theoretical discussion of each hedge fund strategy followed by trading examples provided by successful hedge fund managers.

Investing in Hedge Funds

Author: Joseph G. Nicholas
Publisher: John Wiley and Sons
ISBN: 0470885033
Release Date: 2010-05-20
Genre: Business & Economics

Hedge funds are in the news and on the minds of sophisticated investors more than ever. Investors have questions about how the funds are structured, where the assets are allocated, and whether hedge funds can truly act as a hedge against market risk. The answers are all here in Investing in Hedge Funds. Until recently, much of what makes hedge funds tick has been closely guarded--the intellectual property of Wall Street's investment elite. In this updated and revised text, Joseph G. Nicholas, founder and chairman of the leading industry information provider Hedge Fund Research, Inc., travels inside the hedge fund marketplace to explain the alternative investment strategies of top fund managers, providing clear descriptions of how to access these funds and where they're headed. It's a complete guide that everyone investing in hedge funds should study closely.

Hedge Funds

Author: H. Kent Baker
Publisher: Oxford University Press
ISBN: 9780190607371
Release Date: 2017
Genre: Business & Economics

Hedge Funds: Structure, Strategies, and Performance provides a synthesis of the theoretical and empirical literature on this intriguing, complex, and frequently misunderstood topic. The book dispels some common misconceptions of hedge funds, showing that they are not a monolithic asset class but pursue highly diverse strategies. Furthermore, not all hedge funds are unusually risky, excessively leveraged, invest only in illiquid asses, attempt to profit from short-term market movements, or only benefit hedge fund managers due to their high fees. Among the core issues addressed are how hedge funds are structured and how they work, hedge fund strategies, leading issues in this investment, and the latest trends and developments. The authors examine hedge funds from a range of perspectives, and from the theoretical to the practical. The book explores the background, organization, and economics of hedge funds, as well as their structure. A key part is the diverse investment strategies hedge funds follow, for example some are activists, others focusing on relative value, and all have views on managing risk. The book examines various ways to evaluate hedge fund performance, and enhances understanding of their regulatory environment. The extensive and engaging examination of these issues help the reader understands the important issues and trends facing hedge funds, as well as their future prospects.

Hedge Funds Of Funds

Author: Chris Jones
Publisher: John Wiley & Sons
ISBN: 9780470727829
Release Date: 2008-04-30
Genre: Business & Economics

Hedge Funds of Funds: A Guide for Investors is a comprehensive guide to investing in hedge funds of funds. Written by an experienced practitioner in clear, concise and jargon free language, this book gives an inside view of this often opaque area and empowers readers with the tools to get to the bottom of how hedge funds of funds really work. Key features include: A full description of the skill sets and facets needed in all areas of a hedge funds of funds; A wide-ranging set of questions to ask when assessing every area of a hedge fund of funds; Advice on every part of the process when investing in a hedge fund of funds, from short-listing through to mandate design and benchmarking; Two comprehensive practical examples of investment reports on both a hedge fund and a hedge fund of funds; A comprehensive analysis of recent developments in the field; A glossary of hedge fund terminology to help the reader de-code the jargon associated with the area. This book is essential reading for all those interested in developing depth to their understanding of how to invest in hedge funds of funds and how they, in turn, invest with hedge funds.

Hedge Funds

Author: Greg N. Gregoriou
Publisher: Beard Books
ISBN: 9781587982033
Release Date: 2003
Genre: Business & Economics

Twenty-one contributions from academics and practitioners discuss recent research on hedge funds. Aimed at investment professionals and high net worth individuals, the text deals with current methods of hedge fund tracking, evaluation, and selection. Sample topics include convertible arbitrage funds

Managing Risk in Alternative Investment Strategies

Author: Lars Jaeger
Publisher: Pearson Education
ISBN: 0273656988
Release Date: 2002
Genre: Business & Economics

"Lars Jaeger is to be congratulated for taking the mystique out of alternative investment strategies and putting sound risk management methodology into its place. I am convinced that this book will become the prime reference on AIS for many years to come." Paul Embrechts, Professor of Insurance Mathematics, ETH Zurich "More and more investment professionals see alternative investment strategies as a new paradigm in asset management. However, press coverage suggests that the hedge funds bubble has not yet burst. The hedge fund area has traditionally been shrouded in myth and misrepresentation. Managing Risk in Alternative Investment Strategies provides what is desperately needed: transparency." Alexander M. Ineichen, CFA, Managing Director, UBS Warburg, London "The hedge fund industry is attracting more and more interest after the disappointing performance of financial markets. Lars Jaeger's book clearly and concisely presents the issues and sheds much needed light on this industry. His rigorous description of the most advanced risk management techniques and their application to the hedge funds makes it an indispensable tool for professional investors who want to venture in this field." Dr. Michel M. Dacorogna, Manager Financial Analysis and Risk Modeling, Converium Ltd "Risk management and transparency have become key issues for portfolio managers and investors interested in alternative investment strategies. Lars Jaeger finally gives a much needed, clear and practical, treatment on risk management principles for hedge funds and managed futures. This book is a must read for anyone interested in this rapidly growing investment area" Dr. Dan Rosen, VP Research and New Solutions, Algorithmics Alternative Investment Strategies, such as hedge funds, can enhance returns and reduce risk of a global investment portfolio. However, managing their ¿risk dimension¿ is critical to success. Managing Risk in Alternative Investment Strategies provides insight into the latest thinking about hedge funds and hedge fund risk management, elaborating on ways to approach some of the main problems and obstacles of this new investment class.

Hedge Funds

Author: IMCA
Publisher: John Wiley & Sons
ISBN: 0471473421
Release Date: 2003-03-10
Genre: Business & Economics

A well-rounded hedge fund guide for the serious financial professional Alternative investment strategies-hedge funds in particular-have experienced a significant resurgence recently, largely in response to the dramatic downturn of the global equity markets. In response to this explosion in popularity, this book focuses on many of the best moneymaking strategies related to these alternative investment vehicles. IMCA (The Investment Management Consultants Association) is a professional association established in 1985, representing the investment consulting profession in the U.S. and Canada. Kenneth S. Phillips is a member of the IMCA Advisory Council and Managing Principal of Capital Partners, LLC. Ron Surz, CIMA, is a member of the IMCA Board of Directors and the President of PPCA Inc.

Hedge Funds

Author: Jess Lederman
Publisher: Irwin Professional Pub
ISBN: IND:30000051202632
Release Date: 1995
Genre: Business & Economics

This guide provides strategies for coping with volatile returns and profiting with this exciting new asset class. Specific topics include: Profiles of major funds; Historical performance of hedge funds; Hedge funds as a part of the institutional portfolio; Selecting a hedge fund manager; Legal, tax and accounting issues.

Hedge Funds For Dummies

Author: Ann C. Logue
Publisher: John Wiley & Sons
ISBN: 1118050924
Release Date: 2011-03-01
Genre: Business & Economics

If you want to diversify your portfolio and lower your risk exposure with hedge funds, here’s what you should know: Hedge Funds For Dummies explains all the different types of funds, explores the pros and cons of funds as an investment, shows you how to find a good broker, and much more. Authored by Ann Logue, a financial writer and hedge fund specialist, this handy, friendly guide covers all the bases for investors of all levels. Whether you’re just building your first portfolio or you’ve been investing for years, you’ll find everything you need to know inside: What a hedge fund is and what it does How hedge funds are structured Determining whether a hedge fund is right for your portfolio Calculating investment risk and return Short- and long-term tax issues Developing a hedge fund investment strategy Monitoring and profiting on macroeconomic trends Evaluating fund performance Evaluating hedge fund management If you’re investing for the future, you definitely want to minimize your risk and maximize your returns. A balanced portfolio with hedge funds is one of the best ways to achieve that sort of balance. This book walks you step by step through the process of evaluating and choosing funds, incorporating them into your portfolio in the right amounts, and making sure they give you the returns you expect and deserve. You’ll learn all the ins and outs of funds, including: What kind of fees you should expect to pay Picking a hedge fund advisor or broker Fulfilling paperwork and purchasing requirements Performing technical analysis and reading the data How to withdraw funds and handle the taxes Tracking fund performance yourself or through reporting services Hedge fund strategies for smaller portfolios Performing due diligence on funds that interest you This friendly, to-the-point resource includes information you can’t do without, including sample portfolios that show you how to invest wisely. Hedge funds are an important part of every balanced portfolio, and this friendly guide tells how to use them to your best advantage. With important resources, vital information, and commonsense advice, Hedge Funds For Dummies is the perfect resource for every investor interested in hedge funds.

How to Invest in Hedge Funds

Author: Matthew Ridley
Publisher: Kogan Page Publishers
ISBN: 0749440848
Release Date: 2004
Genre: Business & Economics

Praise and Reviews "As hundreds of billions of capital seek an appropriate match with thousands of hedge funds, Matthew Ridley has produced a survey of the major hedge fund strategies that will be of great utility to the novice or pro. Comprehensive, insightful, readable, leavened with common sense and wit, it is much like a Consulta due diligence review." Bruce G Wilcox, Chairman, Cumberland Associates LLC "Extremely informative - a thorough synopsis of how funds view different investments. Matt has taken a very complicated process and simplified it so everyone can understand it. After reading this book, everyone will believe they can manage a hedge fund." Marc Lasry, Founder and Managing Partner, Avenue Capital Group "In light of the recent equity bear market and increasing retail and institutional interest in hedge funds, Matt Ridley's book is a most timely introduction and analysis of this complex and diverse asset class." Gary Brass, Managing Director, Consulta Limited "An excellent book that gives a pragmatic coverage of the area without sacrificing depth, Ridley's lengthy experience of the asset class really shines through. This book should leave investment professionals new to the area with the skills they need to hit the ground running, ready to appraise, select and monitor hedge funds and hold their own even when analysing the most complex of strategies." Dr Chris Jones, Director, Alternative Investment Strategies, io investors, Visiting Associ Over the past decade hedge funds have experienced considerable growth as an alternative asset class. Disappointing returns from mainstream markets have stimulated the interest of a previously sceptical investment community. More and more asset managers are now providing their clients with access to hedge funds. How to Invest in Hedge Funds is a clear, step-by-step guide for professionals investing in this area for the first time. It is a practical introduction to various types of hedge fund strategies, and how they work and develop over time. How to Invest in Hedge Funds provides a uniquely balanced picture that outlines both the strengths and weaknesses of this kind of fund. Contents include: definition, origin, structure and attributes of a typical hedge fund; risks and merits of hedge funds; how to select a hedge fund; portfolio construction and management; how to organize a hedge fund research effort; chapters dedicated to explaining specific hedge fund strategies. Written by one of the leading practitioners in the field, How to Invest in Hedge Funds is packed with practical information and guides the reader through the process of investing in this area.

Tactical Portfolios

Author: Bailey McCann
Publisher: John Wiley & Sons
ISBN: 9781118731635
Release Date: 2014-03-04
Genre: Business & Economics

Take an active management approach with liquid alternatives toincrease R.O.I. Take advantage of inefficiencies in the market by investing inalternative assets. Hedge fund and private equity investmentdiversifies your portfolio and helps shield you from marketvolatility, allowing your more passive assets to work the longgame. In Tactical Portfolios: Strategies and Tactics forInvesting in Hedge Funds and Liquid Alternatives, author BaileyMcCann guides you through the principles of hedge fund investmentand the associated philosophies of risk management strategies.McCann's background in reporting and analyzing government policyand regulatory issues positions her as a valuable source ofstrategic investment advice. As Senior Editor of Opalesque'sAlternative Market Briefing, her take on the market is readby every one of the top 100 hedge fund managers on a daily basis.In Tactical Portfolios: Strategies and Tactics for Investing inHedge Funds and Liquid Alternatives, McCann goes in-depth onimportant topics. Strategies for equities, managed futures and fixed income What to expect and common misconceptions Investment mechanics of specific strategies Valuation, red flags, and regulatory changes If your passive approach has failed to produce the desiredresults, liquid alternative investment may be the answer. Whilelong/short will always be around, external forces can change itsimpact on your portfolio and it may be time to expand yourinvestment arsenal. Tactical Portfolios: Strategies and Tacticsfor Investing in Hedge Funds and Liquid Alternatives will helpyou get the most out of any market.

Investing in Hedge Funds

Author: Turan Bali
Publisher: Academic Press
ISBN: 9780124051690
Release Date: 2013-06-29
Genre: Business & Economics

This book will present a comprehensive view of the risk characteristics, risk-adjusted performances, and risk exposures of various hedge fund indices. It will distinguish itself from other books and journal articles by focusing solely on hedge fund indices and emphasizing tail risk as a predictor of hedge fund index returns. The three chapters in this short book have not been previously published. Presents new insights about the investability and performance measurement of an investor’s final portfolio Uses most recently developed investable hedge fund indexes to revise previous analyses of indexes Focuses on 14 distinct types of hedge fund indices with daily data from January 1994 to December 2011

Absolute Returns

Author: Alexander M. Ineichen
Publisher: John Wiley & Sons
ISBN: 0471432547
Release Date: 2002-11-29
Genre: Business & Economics

A practical guide to strategies of hedge fund investing. Hedge fund expert Alexander Ineichen outlines strategies that hedgefund managers use to achieve superior investment performance,particularly in bear markets, when traditional investmentstrategies do not perform so well, and shows readers how hedgefunds might be added to traditional investment portfolios toachieve superior returns. Nontechnical yet sophisticated, AbsoluteReturns shows investors how to make educated decisions about hedgefund investment--thoroughly explaining the risks as well as therewards.

Getting Started in Hedge Funds

Author: Daniel A. Strachman
Publisher: John Wiley & Sons
ISBN: 1118018966
Release Date: 2011-04-18
Genre: Business & Economics

The book on hedge fund basics, completely updated to reflect today’s post-crisis industry The hedge fund industry has been reeling in the wake of recent Ponzi schemes and insider trading scandals as well as the loss of billions of dollars in assets under management due to fund closures. Getting Started in Hedge Funds, Third Edition focuses on the current state of the industry; how hedge funds did or did not survive the subprime and subsequent credit crisis; and, what the future holds for investors. Getting Started in Hedge Funds, Third Edition also provides readers with a brief overview of the industry's history, and describes the inner-workings of these complex investment vehicles, including how to start a hedge fund, and what new regulations means for managers and investors. • Profiles 10 highly successful hedge fund managers • Addresses the Madoff scandal, as well as other lesser known Ponzi schemes, and analyzes the ripple effect felt throughout the industry as a result of these and other scandals Despite the performance of some of these funds in the last few years, hedge funds are here to stay. In this Third Edition, Getting Started in Hedge Funds, Strachman provides an updated "how-to" guide for investors interested in hedge funds in this era of "new normal."

Investment Banks Hedge Funds and Private Equity

Author: David P. Stowell
Publisher: Academic Press
ISBN: 9780128047248
Release Date: 2017-07-24
Genre: Business & Economics

As our economy evolves, private equity groups, hedge funds, and investment banks compete and cooperate in different ways. Their recent innovations are reported and analyzed by the 3rd edition of David Stowell’s landmark book, which adds three new cases, significantly revisions of most chapters, and updated figures, tables, and exhibits. It captures the actual work that associates and vice presidents do, providing readers with templates for real transactions. Finally, it provides significantly more content about the ways liquidity is supplied in secondary markets, including an overview of high frequency trading/electronic market making, quantitative trading strategies, and the evolution of cash equities from open outcry pits to fully electronic central limit order books. Includes a new chapter on China to accompany nine heavily updated chapters Integrates three new cases with relevant chapters in the book to create real world applications of chapter teachings Employs spreadsheet models to enable readers to create analytical frameworks for considering choices, opportunities and risks described in the cases