Hedge Funds

Myths and Limits

François-Serge Lhabitant

280 pages, parution le 01/05/2002

Ajouter à une liste

Indisponible

Résumé

Many myths have grown up around the hedge fund industry, aided by high profile cases such as LTCM. However, like any investment category, each manager differs in the leverage they use and the hedging policies they employ. Nonetheless, the primary aim of most hedge funds is to reduce volatility and risk while attempting to preserve capital and deliver positive returns under all market conditions.

In this book the author explains, from an investor's perspective, the workings of hedge funds, their uses, risks and potential returns. No prior knowledge of the field is required as the author explains the strategies in a clear, concise manner. He also uses many examples and case studies to illustrate his point. This book is an ideal reference source for both investment professionals and serious financial students.

Written intelligently and authoritatively, the book features the following:

The characteristics of hedge funds against traditional investment funds
The legal framework surrounding hedge funds in the US and other countries
Various strategies followed by hedge funds
The hedge fund indices that are available
Asset allocation and the hedge fund selection process
New investment vehicles
Recent academic research on hedge funds

L'auteur - François-Serge Lhabitant

Francois-Serge Lhabitant (Coppet, Switzerland) is a FAME Research Fellow, and a Professor of Finance at EDHEC (France) and at HEC University of Lausanne (Switzerland).

Autres livres de François-Serge Lhabitant

Hedge funds

Découvrir tous les livres de François-Serge Lhabitant

Sommaire

Pt. 1 Hedge Fund Overview
- 2 The basics revisited
- 3 Legal environment and structures
- 4 Operational and organizational structures
Pt. 2 Hedge Fund Strategies
- 5 Introduction
- 6 The tools used by hedge funds
- 7 Long/short strategies
- 8 Arbitrage and relative value strategies
- 9 Event-driven strategies
- 10 Directional strategies
- 11 Hedge fund indices
- 12 Hedge fund performance: beyond NAVs
Pt. 3 Hedge Fund Investing
- 13 Introduction
- 14 Asset allocation
- 15 Hedge fund selection
- 16 Funds of funds and metadiversification
- 17 Capital-guaranteed products
- 18 Advanced topics: inside the black box
- 19 Conclusion
- App The statistics of hedge funds

Voir tout

Replier

Caractéristiques techniques

	PAPIER
Éditeur(s)	Wiley
Auteur(s)	François-Serge Lhabitant
Parution	01/05/2002
Nb. de pages	280
Format	17 x 25
Couverture	Broché
Poids	630g
Intérieur	Noir et Blanc
EAN13	9780470844779
ISBN13	978-0-470-84477-9