From the Inside Flap
Written by a leading team of investment advisors and hedge fund experts, and fully backed by the Investment Management Consultants Association (IMCA), Hedge Funds: Definitive Strategies and Techniques demystifies the subject of hedge fund investing and focuses on the most frequently used investment strategies associated with this alternative investment class.
Composed of ten information-packed chapterseach individually written by industry expertsHedge Funds explores important issues that will allow you to clarify your future investment strategies and portfolio allocations. Editors Kenneth Phillips and Ronald Surz pull together the best minds in the hedge fund business to discuss:
- The current regulatory framework of the U.S. hedge fund market
- Various hedge fund strategies alpha generating properties
- Funds of hedge funds
- Evaluating the performance of hedge funds
- Convertible Arbitrage, Merger Arbitrage, and Fixed-Income Arbitrage
- Global Macro and Managed Futures funds
- Risk management of hedge funds
- And much more
The hedge fund industry is constantly evolving. What was a highly secretive asset class is moving into the mainstream with each passing day. However, as more managers and investors jump into the fray, there is bound to be more confusion and losses due to uninformed participants. If you want to gain a practical and complete understanding of todays complex hedge fund industry, look to the experts within these pages. This comprehensive guide will help any serious professional employ some of the most effective hedge fund strategies currently available.
From the Back Cover
"This book couldnt be more timely! With continued turmoil in the world economy and a prolonged equity bear market, investors want to understand the role hedge funds should play in their investment strategy. Hedge Funds helps demystify many of the secrets of hedge funds and gives investment consultants and investors alike valuable perspective on how hedge funds work, how they are regulated, their risk/return profiles, and the role they should play in an investment portfolio."
J. Richard Joyner
Partner, Ernst & Young LLP
"An excellent resource for the advisor who is interested in hedge funds for his/her clients."
Phillip N. Maisano
Chairman and CEO, Evaluation Associates