Investing in Hedge Funds, 2nd, Revised and Updated Edition

by Joseph G. Nicholas

• ISBN13: 9780470883785
• ISBN10: 0470883782
• Format: eBook
• Copyright: 2010-05-01
• Publisher: Bloomberg Press

Summary

Hedge funds are in the news and on the minds of sophisticated investors more than ever. Investors have questions about how the funds are structured, where the assets are allocated, and whether hedge funds can truly act as a hedge against market risk. The answers are all here in Investing in Hedge Funds.Until recently, much of what makes hedge funds tick has been closely guarded--the intellectual property of Wall Street's investment elite. In this updated and revised text, Joseph G. Nicholas, founder and chairman of the leading industry information provider Hedge Fund Research, Inc., travels inside the hedge fund marketplace to explain the alternative investment strategies of top fund managers, providing clear descriptions of how to access these funds and where they're headed. It's a complete guide that everyone investing in hedge funds should study closely.

Table of Contents

Introduction

Keys to Understanding

What Is a Hedge Fund?

The Hedge Fund Investment Structure

Investing with Knowledge

Hedge Fund Strategies

Fixed-Income Arbitrage

Equity Market Neutral

Convertible Arbitrage

Merger (Risk) Arbitrage

Distressed Securities

Event-Driven Strategies

Macro Investing

Sector Funds

Equity Hedge

Emerging Markets

Short Selling

Making an Investment

Investing in Hedge Funds

After the Initial Allocation

Appendices

Calculation Methodology

Resources for Investors

Hedge Fund Research Performance Indices

Glossary

NoteS

Index

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