Hedge Funds for Canadians: New Investment Strategies for Winning in Any Market [Paperback]

Peter Beck (Author), Miklos Nagy (Author)

Book Description

Publication Date: May 8, 2006

It’s no secret that stock market performance over recent years has been disappointing, to say the least — or abysmal, to be more realistic. And when the markets go down, mutual funds go down with them. So what are Canadian investors to do?

Hedge funds are alternative investments that are designed to provide investors with strong returns during both bull and bear markets. More widely available than ever before, the popularity of hedge funds has been growing rapidly in Canada, thanks to regulatory changes and the continued poor performance of more traditional investment vehicles. But with risks and pitfalls of their own, they are often misunderstood by the average investor.

Written by two of the industry's top experts and commentators, this is the first book of its kind — a complete guide to the hedge fund industry in Canada — now completely revised:

• Includes complete coverage on: what hedge funds are and how to use them to your advantage; myths and facts about hedge funds; the difference between hedge funds and mutual funds; how to assess hedge funds and measure your risk; how to buy a hedge fund; how to apply different hedge fund styles in your portfolio; and much more.
• New information in this edition includes: Expanded and updated hedge fund profiles and ratings; up-to-date information on the hedge fund market in Canada; new types of funds and other innovations in the field; additional investment strategies.
• Features completely updated profiles and ratings of hedge funds currently available in Canada — expanded to cover 100 funds. Each profile includes a description of the fund, information on the fund's manager, performance numbers, terms and conditions, and risk data.

"A valuable and complete update to the first edition. Miklos Nagy and Peter Beck have done it again: explaining complex financial products to everyone wanting to know more about hedge funds. After Portus, this book is a must for any advisor or investor." — Tom Hockin, President and CEO of The Investment Funds Institute of Canada

"Hedge Funds for Canadians is a thorough and highly readable look at a subject many Canadian investors probably haven’t felt comfortable with. Peter Beck and Miklos Nagy have managed to take the mystery out of this relatively sophisticated investment strategy." — James Walker, Editor, Investment Executive

"A useful and thorough primer on a subject of critical importance to Canadian investors." — Michael den Tandt, Columnist with The Globe & Mail's Report on Business

Editorial Reviews

Review

"A valuable and complete update to the first edition. Miklos Nagy and Peter Beck have done it again: explaining complex financial products to everyone wanting to know more about hedge funds. After Portus, this book is a must for any advisor or investor." -- Tom Hockin, President and CEO of The Investment Funds Institute of Canada

"Hedge Funds for Canadians is a thorough and highly readable look at a subject many Canadian investors probably haven’t felt comfortable with. Peter Beck and Miklos Nagy have managed to take the mystery out of this relatively sophisticated investment strategy." -- James Walker, Editor, Investment Executive

"A useful and thorough primer on a subject of critical importance to Canadian investors." -- Michael den Tandt, Columnist with The Globe & Mail’s Report on Business

From the Back Cover

"A valuable and complete update to the first edition. Miklos Nagy and Peter Beck have done it again: explaining complex financial products to everyone wanting to know more about hedge funds. After Portus, this book is a must for any advisor or investor." -- Tom Hockin, President and CEO of The Investment Funds Institute of Canada

"Hedge Funds for Canadians is a thorough and highly readable look at a subject many Canadian investors probably haven’t felt comfortable with. Peter Beck and Miklos Nagy have managed to take the mystery out of this relatively sophisticated investment strategy." -- James Walker, Editor, Investment Executive

"A useful and thorough primer on a subject of critical importance to Canadian investors." -- Michael den Tandt, Columnist with The Globe & Mail’s Report on Business

It’s no secret that stock market performance over recent years has been disappointing, to say the least—or abysmal, to be more realistic. And when the markets go down, mutual funds go down with them. So what are Canadian investors to do?

Hedge funds are alternative investments that are designed to provide investors with strong returns during both bull and bear markets. More widely available than ever before, the popularity of hedge funds has been growing rapidly in Canada, thanks to regulatory changes and the continued poor performance of more traditional investment vehicles. But with risks and pitfalls of their own, they are often misunderstood by the average investor.

Written by two of the industry’s top experts and commentators, this is the first book of its kind—a complete guide to the hedge fund industry in Canada—now completely revised:

• Includes complete coverage on: what hedge funds are and how to use them to your advantage; myths and facts about hedge funds; the difference between hedge funds and mutual funds; how to assess hedge funds and measure your risk; how to buy a hedge fund; how to apply different hedge fund styles in your portfolio; and much more.
• New information in this edition includes: Expanded and updated hedge fund profiles and ratings; up-to-date information on the hedge fund market in Canada; new types of funds and other innovations in the field; additional investment strategies.
• Features completely updated profiles and ratings of hedge funds currently available in Canada—expanded to cover 100 funds. Each profile includes a description of the fund, information on the fund’s manager, performance numbers, terms and conditions, and risk data.

See all Editorial Reviews

Product Details

• Paperback: 320 pages
• Publisher: Wiley; 2 edition (May 8, 2006)
• Language: English
• ISBN-10: 0470836369
• ISBN-13: 978-0470836361
• Product Dimensions: 8.9 x 5.9 x 0.7 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,112,324 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars EXCELLENT HEDGE FUND BOOK, September 27, 2008

By 

G. Gregoriou "Dr. G.Gregoriou" (Plattsburgh, New York) - See all my reviews
(REAL NAME)   

This review is from: Hedge Funds for Canadians: New Investment Strategies for Winning in Any Market (Paperback)

I recently purchased this hedge fund paperback in a book store in Montreal. The authors have done a wonderful job and are to be congratulated for their excellent writing style. The authors are among the leaders in Canada and produce an excellent Canadian hedge fund database [...]. This book provides a wealth of information for potential and current investors in hedge funds and funds of hedge funds. This book should be in the library of accountants, lawyers, money managers, and anyone interested in hedge funds. Great book, provides insights into hedge fund strategies and can educate investors on how to protect their portfolio in down markets. Well done!!
Greg N. Gregoriou, PhD
Professor of Finance
SUNY (Plattsburgh)