The Little Book of Hedge Funds PDF Download

Author: Anthony Scaramucci
Publisher: John Wiley & Sons
ISBN: 1118099672
Category : Business & Economics
Languages : en
Pages : 279

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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.

Author: Richard C. Wilson
Publisher: John Wiley & Sons
ISBN: 1118421337
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Vivid graphics make hedge funds, how they work and how to investin them, accessible for investors and finance professionals Despite the recent wave of scandals related to the hedge fundindustry, interest in hedge funds as a relatively safe alternativeinvestment remains high. Yet details about how the industryoperates and the strategies employed by different types of hedgefunds is hard to come by. With increasing calls from lawmakers andthe media for industry reform, it is incumbent upon financeprofessionals and high-net-worth individuals to take a good lookbefore leaping into hedge funds. That's where the BloombergVisual Guide to Hedge Funds comes in. It provides a graphicallyrich, comprehensive overview of the industry and its practitioners,zeroing in on how different types of hedge funds work. Based on extensive interviews with hedge fund managers,analysts and other industry experts, the book provides a detailedlook at the industry and how it works Outlines investment strategies employed by both long and shorthedge funds, as well as global macro strategies Arms you with need-to-know tips, tools and techniques forsuccess with all hedge fund investment strategies Provides a highly visual presentation with an emphasis ongraphics and professional applications Real-life examples take you inside how hedge funds illustratinghow they operate, who manages them and who invests in them

Author: Philip J. Romero
Publisher: Business Expert Press
ISBN: 1631570900
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
What Hedge Funds Do provides a needed complement to journalistic accounts of the hedge fund industry, to deepen the understanding of non-specialist readers such as policymakers, journalists, and individual investors. What do hedge funds really do? These lightly-regulated funds continually innovate new investing and trading strategies to take advantage of temporary mispricing of assets (when their market price deviates from their intrinsic value). These techniques are shrouded in mystery, which permits hedge fund managers to charge exceptionally high fees. While the details of each funds' approach are carefully guarded trade secrets, this book draws the curtain back on the core building blocks of many hedge fund strategies Beyond the book's instructional goals, What Hedge Funds Do provides a needed complement to journalistic accounts of the hedge fund industry, to deepen the understanding of non-specialist readers such as policymakers, journalists, and individual investors. It is written by a fund practitioner and computer scientist (Balch), in collaboration with a public policy economist and finance academic (Romero).

Author: Stuart A. McCrary
Publisher: John Wiley & Sons
ISBN: 9780471224884
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
Includes trading examples that illustrate points about risk management and leverage. Presents all the practical knowledge necessary to run a leveraged investment company. Non-technical explanations brings an element of transparency to a part of the investment world often thought of as difficult to understand.

Author: Tatiana Boncompagni
Publisher: Harper Collins
ISBN: 0061874094
Category : Fiction
Languages : en
Pages : 305

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Book Description
In this amazingly timely story about what the wealthy do when Wall Street lays an egg, the author of Gilding Lily once again delivers a witty and insightful treatment of today's woman, as she explores the sacrifices they make, the bargains they strike, the rules they follow, and what happens when it all starts to fall apart. Who could have guessed that Wall Street would go south just as Marcy Emerson and her husband moved east? Down to earth Marcy relocated from Chicago to New York when her husband was offered a big time job as a hedge fund manager. She gives up her own job—after all, hedge fund wives don't work! And while at first it's fun to shop all day and party all night, Marcy quickly learns that life among the rich can be anything but easy and that behind every smile can be a stab in the back. Still, it's not until her husband leaves her for his thinner, blonder mistress—a woman who is higher up the social ladder than the original Mrs. Emerson will ever be—that Marcy decides to stand on her own two feet once again, and fight for the things that are far more important than money.

Author: Simon A. Lack
Publisher: John Wiley & Sons
ISBN: 1118164318
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
The dismal truth about hedge funds and how investors can get a greater share of the profits Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good. Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance. The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top.

Author: Randy Shain
Publisher: John Wiley & Sons
ISBN: 1118039246
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Hedge Fund Due Diligence provides a step-by-step methodology that will allow you to recognize and avoid questionable hedge funds before its too late. Based on a framework that hedge fund investigative expert Randy Shain has refined over the course of his successful career, this book offers an overview of due diligence into hedge fund management, how information on managers can be obtained, and why this information is essential to your investment endeavors.

Author: Andrew W. Lo
Publisher: Princeton University Press
ISBN: 140083581X
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
The hedge fund industry has grown dramatically over the last two decades, with more than eight thousand funds now controlling close to two trillion dollars. Originally intended for the wealthy, these private investments have now attracted a much broader following that includes pension funds and retail investors. Because hedge funds are largely unregulated and shrouded in secrecy, they have developed a mystique and allure that can beguile even the most experienced investor. In Hedge Funds, Andrew Lo--one of the world's most respected financial economists--addresses the pressing need for a systematic framework for managing hedge fund investments. Arguing that hedge funds have very different risk and return characteristics than traditional investments, Lo constructs new tools for analyzing their dynamics, including measures of illiquidity exposure and performance smoothing, linear and nonlinear risk models that capture alternative betas, econometric models of hedge fund failure rates, and integrated investment processes for alternative investments. In a new chapter, he looks at how the strategies for and regulation of hedge funds have changed in the aftermath of the financial crisis.

Author: Cathleen M. Rittereiser
Publisher: John Wiley & Sons
ISBN: 0470637145
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
A professional's guide to the world of hedge fund investing Throughout 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 investors Engaging 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.

Author: Jason A. Scharfman
Publisher: John Wiley & Sons
ISBN: 0470372346
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
How to diagnose and monitor key hedge fund operational risks With the various scandals taking place with hedge funds, now more than ever, both financial and operational risks must be examined. Revealing how to effectively detect and evaluate often-overlooked operational risk factors in hedge funds, such as multi-jurisdictional regulatory coordination, organizational nesting, and vaporware, Hedge Fund Operational Due Diligence includes real-world examples drawn from the author's experiences dealing with the operational risks of a global platform of over 80 hedge funds, funds of hedge funds, private equity, and real estate managers.