Intelligent Hedge Fund Investing [Hardcover]

Barry Schachter (Author)

Book Description

ISBN-10: 1904339220 | ISBN-13: 978-1904339229 | Publication Date: March 2004

Focusing on the wide range of hedge fund strategy choices and their associated challenges and risks, this title presents a wealth of research that attempts to guide the reader past the potential pitfalls and develop thier risk assessment skills. Schachter presents cutting-edge research on hedge funds with broad coverage of investing, risk management and portfolio allocation and in-depth analysis on a variety of topics including VaR estimation, illiquidity and dynamic investment strategies. Important differences between approaches to hedge funds and standard investment choices are explored so that the reader can accurately compare and measure the pros and cons of various risk management strategies and better assess whether or not to follow a particular strategy. In addition, hedge fund investors will be better equipped to adequately measure and weigh risk against benefits in order to optimise their asset allocations to hedge funds. Finally, the title's accessible format explains technical material in detail throughout the text, making the title ideal for readers with only moderate technical knowledge.

Editorial Reviews

Review

"How exciting to read a book that is so timely and practical." -- Tanya Styblo Beder, Managing Director, Caxton Associates, LLC

From the Inside Flap

Intelligent Hedge Fund Investing is edited by Barry Schachter, who is a risk manager at one of the world's largest hedge funds. To take advantage of the optimum balance of risk and reward, the hedge fund investor has to be armed with the very latest information. In this book 26 experts in hedge fund investment tackle key issues facing the investor, from how to design a portfolio strategy, to evaluating performance and compensating the successful manager. The focus throughout is on how state-of-the-art research can be used to make informed decisions.

The topics included in Intelligent Hedge Fund Investing are: choosing, cleaning and interpreting hedge fund returns data; selecting the most appropriate tools for portfolio analysis; building a fund of funds - the value of diversification in portfolios; acquiring the latest performance measures and addressing challenges such as negative skewness and excess kurtosis; and understanding investment, operational, liquidity and business risk.

See all Editorial Reviews

Product Details

• Hardcover: 470 pages
• Publisher: Risk Books (March 2004)
• Language: English
• ISBN-10: 1904339220
• ISBN-13: 978-1904339229
• Product Dimensions: 9.3 x 6.3 x 1.2 inches
• Shipping Weight: 2.6 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #2,898,905 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.