How to Invest in Hedge Funds

How to Invest in Hedge Funds PDF Author: Matthew Ridley
Publisher: Kogan Page Publishers
ISBN: 9780749440848
Category : Business & Economics
Languages : en
Pages : 438

Get Book

Book Description
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 AssociOver 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.

How to Invest in Hedge Funds

How to Invest in Hedge Funds PDF Author: Matthew Ridley
Publisher: Kogan Page Publishers
ISBN: 9780749440848
Category : Business & Economics
Languages : en
Pages : 438

Get Book

Book Description
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 AssociOver 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.

How to Invest in Hedge Funds

How to Invest in Hedge Funds PDF Author: Matthew Ridley
Publisher: Kogan Page Publishers
ISBN: 9780749445768
Category : Hedge funds
Languages : en
Pages : 0

Get Book

Book Description
Hedge fund investment is a specialist area that is largely immune to market upturns and downturns, and can potentially profit when prices are falling. Because of this, there is growing interest in this area from investment professionals - many of whom have little or no knowledge of how these funds operate. Disappointing returns from the mainstream markets has accelerated interest in the area, and many otherwise experienced investment professionals are scrambling to reinvent themselves as hedge fund specialists. The particularly high margin that hedge funds can offer has further fuelled their popularity. How to Invest in Hedge Funds is written by one of the most experienced practitioners in the field and provides a uniquely balanced approach that outlines both the failings and advantages of this kind of fund. The book is an accessible and practical guide that unravels all the relevant considerations when investing in hedge funds. The book is packed with the practical issues and examples and guides the reader through the whole process. Contents include: * Definition, origin, structure and life cycle of a typical hedge fund * Risks and merits of hedge funds * Types of hedge fund strategy * How to select a hedge fund * Portfolio construction and management * How to organise a hedge fund research effort * Funds of hedge funds.

So You Want to Start a Hedge Fund

So You Want to Start a Hedge Fund PDF Author: Ted Seides
Publisher: John Wiley & Sons
ISBN: 111915698X
Category : Business & Economics
Languages : en
Pages : 240

Get Book

Book Description
Helpful, Accessible Guidance for Budding Hedge Funds So You Want to Start a Hedge Fund provides critical lessons and thoughtful insights to those trying to decipher the industry, as well as those seeking to invest in the next generation of high performers. This book foregoes the sensational, headline-grabbing stories about the few billionaire hedge fund managers to reach the top of the field. Instead, it focuses on the much more common travails of start-ups and small investment firms. The successes and failures of a talented group of competitive managers—all highly educated and well trained—show what it takes for managers and allocators to succeed. These accounts include lessons on funding, team development, strategy, performance, and allocation. The hedge fund industry is concentrated in the largest funds, and the big funds are getting bigger. In time, some of these funds will not survive their founders and large sums will get reallocated to a broader selection of different managers. This practical guide outlines the allocation process for fledgling funds, and demonstrates how allocators can avoid pitfalls in their investments. So You Want to Start a Hedge Fund also shows how to: Develop a sound strategy and raise the money you need Gain a real-world perspective about how allocators think and act Structure your team and investment process for success Recognize the patterns of successful start-ups The industry is approaching a significant crossroads. Aggregate growth is slowing and competition is shifting away from industry-wide growth, at the expense of traditional asset classes, to market share capture within the industry. So You Want to Start a Hedge Fund provides guidance for the little funds—the potential future leaders of the industry.

Investment Strategies of Hedge Funds

Investment Strategies of Hedge Funds PDF Author: Filippo Stefanini
Publisher: John Wiley & Sons
ISBN: 1119995280
Category : Business & Economics
Languages : en
Pages : 399

Get Book

Book Description
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.

Guide to Hedge Funds

Guide to Hedge Funds PDF Author: Philip Coggan
Publisher: John Wiley & Sons
ISBN: 1118163303
Category : Business & Economics
Languages : en
Pages : 162

Get Book

Book Description
Hedge fund managers are the new "masters of the universe." The best earn more than $1 billion a year and are so sought after that they can afford to turn investor money away. The funds they run have, to some extent, established an alternative financial system, replacing banks as lenders to risky companies, acting as providers of liquidity to markets and insurers of last resort for risks such as hurricanes, and replacing pension funds and mutual funds as the most significant investors in many companies—even in some cases buying companies outright. The revised and updated second edition of this lively guide sheds much needed light on the world of hedge funds by explaining what they are, what they do, who the main players are, the regulations affecting them, the arguments as to whether they are a force for good or bad, and what the future holds for them. "More people have a view about hedge funds than know about them. Philip Coggan bridges the knowledge gap in this clearly written guide. Every chapter is a goldmine of information and analysis, making it easy to learn about hedge funds. No investor, no investment adviser, no trustee, no dinner-table conversationalist should express opinions on the sector until they have read this book." —Elroy Dimson, BGI Professor of Investment Management, London Business School "While much has been written about hedge fund strategies and their (occasionally spectacular) failures, we have not yet seen a general primer to help the investor understand the world of hedge funds. Philip Coggan presents us with exactly that—a well-written, succinct summary of a world we all need to understand better." —Rob Arnott, Chairman of Research Affiliates and Editor Emeritus of the Financial Analysts Journal

Hedged Out

Hedged Out PDF Author: Megan Tobias Neely
Publisher: Univ of California Press
ISBN: 0520973801
Category : Business & Economics
Languages : en
Pages : 337

Get Book

Book Description
A former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures. Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry—many of whom don’t realize they fall within the 1 percent that drives the divide between the richest and the rest. With Hedged Out, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider’s insider perspective on Wall Street and its enduring culture of inequality. Hedged Out dives into the upper echelons of Wall Street, where elite white masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. Hedged Out explains why the hedge fund industry generates extreme wealth, why mostly white men benefit, and why reforming Wall Street will create a more equal society.

Hedges on Hedge Funds

Hedges on Hedge Funds PDF Author: James R. Hedges, IV
Publisher: John Wiley & Sons
ISBN: 0471701025
Category : Business & Economics
Languages : en
Pages : 258

Get Book

Book Description
A just-in-time guide to hedge fund investing Today, access to hedge funds is increasingly available to average investors through "funds of hedge funds" and other registered products. These vehicles allow investors to invest as little as $25,000 to start. Hedges on Hedge Funds provides an overview of hedge fund investing and delves into the key investment strategies employed by hedge fund managers. This comprehensive resource directs people to proper fund selection and allocation, but most importantly, it helps investors avoid the potential pitfalls associated with the industry by discussing transparency, size vs. performance, and other important issues associated with selecting and profiting with hedge funds. James R. Hedges, IV (Naples, FL), is recognized as a pioneer in the hedge fund industry for his efforts to monitor and review funds and fund managers for performance and transparency. He is the founder, President, and Chief Investment Officer of LJH Global Investments-an investment advisory firm that helps clients select and invest in hedge funds.

The Little Book of Hedge Funds

The Little Book of Hedge Funds PDF Author: Anthony Scaramucci
Publisher: John Wiley & Sons
ISBN: 1118099672
Category : Business & Economics
Languages : en
Pages : 279

Get Book

Book Description
The Little Book of Hedge Funds that's big on explanations even the casual investor can use An accessible overview of hedge funds, from their historical origin, to their perceived effect on the global economy, to why individual investors should understand how they work, The Little Book of Hedge Funds is essential reading for anyone seeking the tools and information needed to invest in this lucrative yet mysterious world. Authored by wealth management expert Anthony Scaramucci, and providing a comprehensive overview of this shadowy corner of high finance, the book is written in a straightforward and entertaining style. Packed with introspective commentary, highly applicable advice, and engaging anecdotes, this Little Book: Explains why the future of hedge funds lies in their ability to provide greater transparency and access in order to attract investors currently put off because they do not understand how they work Shows that hedge funds have grown in both size and importance in the investment community and why individual investors need to be aware of their activities Demystifies hedge fund myths, by analyzing the infamous 2 and 20 performance fee and addressing claims that there is an increased risk in investing in hedge funds Explores a variety of financial instruments—including leverage, short selling and hedging—that hedge funds use to reduce risk, enhance returns, and minimize correlation with equity and bond markets Written to provide novice investors, experienced financiers, and financial institutions with the tools and information needed to invest in hedge funds, this book is a must read for anyone with outstanding questions about this key part of the twenty-first century economy.

The Prudent Investor's Guide to Hedge Funds

The Prudent Investor's Guide to Hedge Funds PDF Author: James P. Owen
Publisher: John Wiley & Sons
ISBN: 0471436739
Category : Business & Economics
Languages : en
Pages : 258

Get Book

Book Description
Hedge funds are typically thought of as highly risky investments. Not so. In fact, some hedge funds are among the most conservative investments you can make. While speculative, high-flying hedge funds make the headlines, others quietly go about the work of crafting unique investment strategies and hedging portfolios against market risk. This much-needed book shows why affluent investors who want to be financially secure through retirement should know about hedge funds. Its blend of facts, practical tips, and personal insights takes the mystery out of this often misunderstood investment vehicle and reveals the critical questions to ask before you invest. James P. Owen (Santa Barbara, CA) has more than 30 years of experience in the investment management industry and is Senior Vice President of Broadmark Asset Management. Previously he was President of JPO Inc. and a partner with NWQ Investment Management Company. He is co-founder of the Investment Management Consultant s Association (IMCA); author of the financial bestseller, The Prudent Investor: The Definitive Guide to Professional Investment Management; and was associate producer of the PBS television series,Beyond Wall Street: The Art of Investing

Funds of Hedge Funds

Funds of Hedge Funds PDF Author: Greg N. Gregoriou
Publisher: Butterworth-Heinemann
ISBN: 0080472826
Category : Business & Economics
Languages : en
Pages : 496

Get Book

Book Description
With about $450 billion in assets, funds of hedge funds are the most recent darling of investors. While hedge funds carry high risk for the promise of high returns they are designed for the very rich and for large institutional investors such as pension funds. A Fund of Hedge Funds (FOF) spreads investments among a number of hedge funds to reduce risk and provide diversification, while maintaining the potential for higher than average returns. Odds are that some pension fund of yours is invested heavily in these products, and more recently these FOFs have been opened to more and more individual investors in offshore jurisdictions with lower minimum entry levels. Since this is a new and extremely fast-moving financial phenomenon, academic research has just begun in earnest, and this is the first book to present rigorous academic research by some of the leading lights in academic finance, carefully analyzing the broad array of issues involved in FOFs. * With over $450 billion in assets, hedge funds of funds are the darling of investors * First book to present rigorous academic research about funds of funds * Leading lights in academic finance from around the world analyze the broad array of issues involved in funds of funds