One of the fastest growing investment sectors ever seen, hedge funds are considered by many to be exotic and inaccessible. This book provides an intensive learning experience, defining hedge funds, explaining hedge fund strategies while offering both qualitative and quantitative tools that investors need to access these types of funds. Topics not usually covered in discussions of hedge funds are included, such as a theoretical discussion of each hedge fund strategy followed by trading examples provided by successful hedge fund managers.

Hedge funds now account for 25 percent of all NYSE trading volume and are one of the fastest growing sectors in today's financial industry. "Managing a Hedge Fund" examines every significant issue facing a hedge fund manager, from management of numerous types of risk to due diligence requirements, use of arbitrage and other exotic activities, and more. Broad-based where most hedge fund books are narrowly focused, it provides current and potential managers with a concise but comprehensive treatment on managing - and maximizing - a hedge fund in …

This is a practical introduction to collective investment funds and their management, drawing on the experience of the authors in both developed and emerging markets. Written for practitioners and regulators new to the collective investment funds business, it explores every aspect of a fund's structure and operation: from how it is valued and priced through to the importance of its regulatory, fiscal and accounting regimes and finally the effect these can have on market development and finally on the demands of building a successful investment …

A guide on risk for the hedge fund industry, this title includes a primer on hedge fund risk, and is illustrated with examples. It provides information for risk managers within various types of investment structures like investment banks and others. It is aimed at investment bankers, allocators, dealers, counterparties, prime brokers, and others.

I am convinced that this book will become the prime reference on AIS for many years to come.

The book covers every aspect of the mutual fund industry, including industry history; industry structure; investment management; portfolio operations; accounting; audit; legal compliance; customer service; distribution; globalization; and e-commerce. It presents the material in an easy-to-understand, objective, logical manner, making it an ideal educational tool. This book does not advise readers on how to select mutual funds. Instead, it explains how mutual funds and the mutual fund industry work. In so doing, the author describes the cost of …

By learning to read the direction and strengths of the market, even novice mutual fund investors can outperform the best stock pickers. That's because up to 90 percent of a stock's price movement is determined by trends in the market or the industry-not in the qualities of the company.By using point-and-figure charting techniques, Power Investing With Sector Funds supplies a simple and effective way to gauge the ebb-and-flow of the stock market, and ways to invest in the best-performing sectors at the right time, both in the U.S. and abroad.Wit…

Sooner or later, we all need to plan for our financial futures. The rich can afford personal financial advisors to help them out but what about the rest of us? Offering you instant diversification and low--cost access to some of the best money managers in the business, mutual funds are the great equalizers. The problem is, with 10,000 mutual funds to choose from, even experienced investors can suffer from information overload. To make them work for you, you need expert advice from someone who knows mutual funds inside and out and who understand…

Each book in the series cuts through the jargon and mystique of the financial markets to give the reader a clear picture of how and why these markets function as they do. Key features include: * clear definitions of financial terms * worked examples of transactions and contracts * summaries and overviews * valuation techniques * quick Quiz questions to reinforce the learning experience * strip cartoons to explain complex trades * entertaining cartoons from Alex to lighten the load * war stories and anecdotes from Mark Mobius based on his remark…

A humorous expos of hedge fund politics and strategies by the author of Wall Street Meat recounts his experiences running a hedge fund, an adventure during which his partner and he tackled the market and achieved gains close to four hundred percent. Reprint. 30,000 first printing.