Hedge Fund Alpha: A Framework for Generating and Understanding Investment Performance

by Longo, John M.

• ISBN13: 9789812834652
• ISBN10: 9812834656
• Format: Hardcover
• Copyright: 2009-03-20
• Publisher: World Scientific Pub Co Inc

Summary

Hedge funds are perhaps the hottest topic in finance today, but little material of substance to date has been written on the topic. Most books focus on how to set up a hedge fund and the basic strategies, while few to none focus on what matters most: generating and understanding investment performance. This book takes an exclusive look at the latter, including an analysis of the areas that are most likely to generate strong investment returns - namely, the emerging markets of Brazil, Russia, India and China. The book will be invaluable to not only financial professionals, but anyone interested in learning about hedge funds and their future.

Table of Contents

Preface	p. v
Author Biographical Sketches	p. xiii
Generating Performance
Introduction	p. 3
Hedge Fund Research vs. Traditional Research	p. 17
Achieving Hedge Fund Alpha in Brazil	p. 33
Achieving Hedge Fund Alpha in Russia	p. 51
Achieving Hedge Fund Alpha in India	p. 67
Achieving Hedge Fund Alpha in China	p. 85
Using Derivatives to Create Alpha	p. 103
Best Execution of Hedge Fund Strategies	p. 119
Growth of the Hedge Fund Management Company: Evolving from a Single Strategy Hedge Fund to a Multistrategy Hedge Fund or Multiple Funds	p. 137
Fund of Hedge Funds	p. 153
Understanding Performance
The Psychology of Hedge Fund Managers	p. 179
Risk Management for Hedge Funds	p. 193
Hedge Fund Due Diligence	p. 221
From Birth to Death: The Lifecycle of a Hedge Fund Investment Strategy	p. 249
The Future of Hedge Funds: Seven Emerging Trends	p. 265
Internet Sites for Hedge Fund Managers	p. 283
Reading List for Hedge Fund Managers	p. 293
Sample Manager Background Report	p. 299
Index	p. 313
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