Top Hedge Fund Investors : Stories, Strategies, and Advice

by Cathleen M. Rittereiser; Lawrence E. Kochard

• ISBN13: 9780470637135
• ISBN10: 0470637137
• Format: eBook
• Copyright: 2010-06-01
• Publisher: Wiley

Summary

A professional's guide to the world of hedge fund investingThroughout the financial crisis of 2008, many hedge funds suffered massive losses and were often blamed for the extreme market upheavals. In the wake f the crisis, hedge funds remain a source of fascination for the media, legislators, and investors, mostly due to misunderstanding. Historically portrayed as risky investment funds for the very wealthy run by swashbuckling traders, the truth is hedge funds are simply an investment vehicle designed to generate superior returns and reduce an investor's overall portfolio risk.Investors have good reasons to remain fascinated with hedge funds. Although many individual funds have underperformed or collapsed, hedge funds as a whole have provided solid returns while reducing risks. Savvy institutions have invested in hedge funds for many years and have made them a large and powerful force in the markets. Investing in hedge funds requires sophisticated knowledge, understanding, skill, access, and experience. Individuals and institutions, whether they are new to hedge funds or need to improve, can find those attributes in the stories of the successful hedge fund investors profiled in Hedge Fund Investors.Hedge Fund Investors chronicles the challenges and rewards these investors face, in selecting hedge fund managers, managing risks, and constructing portfolios. In revealing conversations, leading hedge fund investors who place hundreds of billions of dollars in hedge funds, share their philosophies, strategies, and advice. Profiles a variety of different investors from the pioneers in hedge fund investing to managers for high net-worth individuals and fund of funds investors Discusses winners and losers in the recent market decline, problematic hedge fund strategies, and how these current events will change future strategies Provides lessons, insights, and advice beneficial to all hedge fund investorsEngaging and informative, Hedge Fund Investors will prove valuable to anyone involved in placing money with hedge funds, as well as hedge funds who seek to better understand their clients.

Table of Contents

Preface

Acknowledgments

About the Authors

Evolution of the Hedge Fund Industry and Investing

The Truth about Hedge Funds

From Misunderstood Investment Vehicle to Household Word

The Investment Process

Best Practices of Successful Hedge Fund Investors

The Investment Landscape

A Snapshot in Time

Hedge Fund Investors: Stories and Strategies That Got Them to the Top

Author of the Hedge Fund Investing Story

The Predictive Value of Performance

The Best Qualities of Limestone

An Asymmetrical Talent

Early Endowment CIO and Entrepreneur

An Ambassador of the Highest Standard

A Risk Management Master Mind

A Driver of Returns

A Better Way

Review and Preview

The Quality of the People

Notes

Index

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