Hedge Fund Investing

Оглавление

Mirabile Kevin R.. Hedge Fund Investing

Preface

Acknowledgments

About the Author

PART One. Overview

CHAPTER 1. The Basics of Hedge Fund Investing

CHAPTER 2. Hedge Fund Strategies, Performance Measurement, and Risk

CHAPTER 3. Who Invests in Hedge Funds and Why?

CHAPTER 4. Industry Trends, Flows, and Characteristics

PART Two. Understanding the Strategies

CHAPTER 5. Global Macro Investing

CHAPTER 6. Equity-Oriented Styles

CHAPTER 7. Fixed-Income–Oriented Strategies

CHAPTER 8. Multistrategy Funds, Funds of Hedge Funds, and Replication Products

CHAPTER 9. Portfolio Finance and Secondary Market Trading

PART Three. Evaluating Individual Fund Risk and Reward

CHAPTER 10. Measuring Performance and Performance Persistence

CHAPTER 11. Impact of Fund Characteristics and Terms on Performance

CHAPTER 12. Performing Due Diligence on Specific Managers and Funds

CHAPTER 13. Evaluating the Roles of Service Providers

CHAPTER 14. Observations and Outlook

Glossary

References and Additional Reading

Index

WILEY END USER LICENSE AGREEMENT

Отрывок из книги

This book is designed to provide an overview of alternative investments and, in particular, instill in readers a working knowledge of that portion of alternative investments known as hedge fund investing.

The second edition of this book includes important updates related to industry flows and performance, plus new material covering the exciting new world of hedged mutual funds, secondary trading in hedge fund investments, and more information about the various techniques and instruments used by hedge fund managers to finance their portfolios.

.....

The book is organized into three parts related to basic concepts and market characteristics, an explanation of the individual strategies and financing tools used by hedge fund managers, and an overview of the process needed for the evaluation and analysis of individual managers and funds, including approaches to performing a due diligence process on any one fund. Each chapter has its own individual objectives and illustrations that can be read on their own or as part of the complete text.

Part One of the book provides readers with an overview of alternative investments. It highlights the similarities and differences among various types of alternatives, including hedge funds. It establishes the framework for understanding fund-level profit or loss calculations, performance measurement, and risk. It also provides readers with an understanding of the rationale for investing in hedge funds as well as the flows experienced by the sector over time.

.....