Industry expert Joseph Nicholas has completely updated hisgroundbreaking book to give a behind-the-scenes look at the dynamicworld of hedge funds. In Investing in Hedge Funds he provides sample strategies from to hedge fund managers along with a market insider's clear view of where these investments are heading.
Industry expert Joseph Nicholas has completely updated his groundbreaking book to give a behind-the-scenes look at the dynamic world of hedge funds. He provides sample strategies from to hedge fund managers along with a market insider’s clear view of where these investments are heading.
REVIEWS :“An essential book for all those investors curious about
alternative investment strategies.
"This book tells all. It explains how they work. This is a serious
and important book on the subject and must be read by any serious
investor."
Traders World magazine
"For investors who want to learn about hedge funds from A to Z,
this book is a must-read. For those who think they already know about
the approximately 4500 hedge funds with close to $300 billion in assets,
read this book and learn what you don't know."
Peter Morgan Kash, Senior Managing Director, Paramount Capital Asset
Management, Member of the Board, Hedge Fund Association & Adjunct
Professor, Wharton School of Business
"In light of the dramatic increase of investments in hedge funds,
the recent media attention and the widespread need to better understand
these complex strategies, Joe Nicholas has created a key investor guide
to hedge funds, including the unique and valuable perspective of having
top hedge fund managers describe what they do in their own words."
Timothy J. Leach, Former Chief Investment Officer, Wells Fargo Private
Client Services
Hardback, 336 Pages, Dimensions 216 x 138 MM Language English.
Introduction
PART I - Keys to Understanding
CHAPTER 1: What Is a Hedge Fund?
CHAPTER 2: The Hedge Fund Investment Structure
PART II - Investing with Knowledge
CHAPTER 3: Hedge Fund Strategies
CHAPTER 4: Fixed-Income Arbitrage
CHAPTER 5: Equity Market Neutral
CHAPTER 6: Convertible Arbitrage
CHAPTER 7: Merger (Risk) Arbitrage
CHAPTER 8: Distressed Securities
CHAPTER 9: Event-Driven Strategies
CHAPTER 10: Macro Investing
CHAPTER 11: Sector Funds
CHAPTER 12: Equity Hedge
CHAPTER 13: Emerging Markets
CHAPTER 14: Short Selling PART III - Making an Investment
CHAPTER 15: Investing in Hedge Funds
CHAPTER 16: After the Initial Allocation
APPENDICES A. Calculation Methodology
B. Resources for Investors
C. Hedge Fund Research Performance Indices
Joseph G. Nicholas, J.D., is founder and chairman of HFR Asset Management, LLC, a leading fund of funds, and Hedge Fund Research, Inc., the industry’s leading supplier of hedge fund data. The author of Market-Neutral Investing and Hedge Fund of Funds Investing, he is a frequent lecturer and media expert on topics relating to alternative investments.