With contributions from two other experts in the field, Hedges demystifies an expanding investment opportunity once available only to the wealthiest. After tracing the evolution of the hedge fund market, he explains how it differs from more traditional investments, and offer tips on profiting from its strategies of risk arbitrage and distressed securities investing. The glossary helpfully defines these terms. Annotation ©2004 Book News, Inc., Portland, OR
Table of Contents
| Ch. 1 |
The hedge fund alternative |
1 |
| Ch. 2 |
Cutting through the black box : transparency and disclosure |
23 |
| Ch. 3 |
The operational risk crisis |
43 |
| Ch. 4 |
Best practices in hedge fund valuation |
53 |
| Ch. 5 |
Does size matter? |
65 |
| Ch. 6 |
Directional investing through global macros and managed futures |
75 |
| Ch. 7 |
Profiting from the corporate life cycle |
83 |
| Ch. 8 |
Evaluating arbitrage and relative values strategies |
111 |
| Ch. 9 |
The time is now for equity market neutral |
133 |
| Ch. 10 |
Long-short strategies in the technology sector |
143 |
| Ch. 11 |
The expansion of European hedge funds |
151 |
| Ch. 12 |
The dynamic world of Asian hedge funds |
167 |
| Ch. 13 |
Hedge fund indices : in search of a benchmark |
187 |