Hedge funds
Subtitle: structure, strategies, and performance
By: [edited by] H. Kent Baker and Greg Filbeck
Series: Financial Markets And Investments Series; Financial markets and investments series
Publisher: Oxford University Press; Oxford University Press, USA
Published: 2017
Language: eng
Number of pages: 655
ISBN-13: 9780190607371
Subjects: Hedge funds
Description: "Hedge Funds: Structure, Strategies, and Performance provides a synthesis of the theoretical and empirical literature on this intriguing, complex, and frequently misunderstood topic. The book dispels some common misconceptions of hedge funds, showing that they are not a monolithic asset class but pursue highly diverse strategies. Furthermore, not all hedge funds are unusually risky, excessively leveraged, invest only in illiquid asses, attempt to profit from short-term market movements, or only benefit hedge fund managers due to their high fees. Among the core issues addressed are how hedge funds are structured and how they work, hedge fund strategies, leading issues in this investment, and the latest trends and developments. The authors examine hedge funds from a range of perspectives, and from the theoretical to the practical. The book explores the background, organization, and economics of hedge funds, as well as their structure. A key part is the diverse investment strategies hedge funds follow, for example some are activists, others focusing on relative value, and all have views on managing risk. The book examines various ways to evaluate hedge fund performance, and enhances understanding of their regulatory environment. The extensive and engaging examination of these issues help the reader understands the important issues and trends facing hedge funds, as well as their future prospects." -- Publisher's description
Notes: Includes bibliographical references and index.
Table of contents: title: Acknowledgments; title: About the editors; title: About the contributors; title: Abbreviations; title: Introduction; title: Hedge fund fundamentals / H. Kent Baker and Greg Filbeck; title: The economics of hedge funds / Shantanu Dutta, Arup Ganguly, and Lin Ge; title: The life cycle of hedge funds : a new perspective / Mila Getmansky Sherman and Rachel (Kyungyeon) Koh; title: Characteristics of successful hedge fund managers / Ashrafee T. Hossain, Samir Saadi, and Maxim Treff; title: Structure of hedge fund; title: Hedge fund organization / Douglas Cumming, Na Dai, and Sofia Johan; title: Hedge fund governance / Lamia Chourou, Ashrafee T. Hossain, and Samir Saadi; title: Activist hedge funds / Tony Calenda, Chris Milliken, and Andrew C. Spieler; title: The tax framework of hedge funds / François-Serge Lhabitant and Michel Brocard; title: Compensation and incentives in hedge funds / Garrett C.C. Smith and Gaurav Gupta; title: Offshore hedge funds / Roberto J. Santillán-Salgado and Juan José García-Santos; title: Investment strategies of hedge funds; title: Directional equity strategies of hedge funds / Oreste Auleta and Filippo Stefanini; title: Event driven hedge fund strategies / Caroline Farrelly and François-Serge Lhabitant; title: Global derivatives hedge fund strategies / Christopher J. Barnes, Ehsan Nikbakht, and Andrew C. Spieler; title: Relative value hedge funds strategies / George Dikanorov, Joseph McBride, and Andrew C. Spieler; title: Multistrategy hedge funds / Paul-Henri Bayart-De-Germont and Daniel Capocci; title: Risks and regulation; title: Risk measurement and management for hedge funds / Guillaume Weisang; title: Hedge funds and systemic risk / Wulf A. Kaal and Timothy A. Krause; title: Operational risk management for hedge funds / Claus Huber and Daniel Imfeld; title: Hedge fund due diligence / Jason Scharfman; title: Hedge fund regulation / Wulf A. Kaal and Dale Oesterle; title: Hedge fund performance; title: Issues in hedge fund research / Thuy Bui and Abhishek Ganguly; title: Hedge fund pricing / David Hampton; title: Evaluating hedge fund performance / David M. Smith; title: Financial crises and evaporating diversification benefits of hedge funds / Monica Billio, Mila Getmansky Sherman, and Loriana Pelizzon; title: Hedge fund replication / Paul Lajbcygier and Mikhail Tupitsyn; title: Hedge funds and performance persistence / Nan Qin and Ying Wang; title: Benchmarking and bias in hedge funds / Jeffrey S. Smith, Kenneth Small, and Phillip Njoroge; title: Style analysis and consistency / William R. McCumber and Jyotsaana Parajuli; title: Issues, trends, and future prospects of hedge funds; title: Current hedge fund debates and controversies / Dianna C. Preece; title: Trends and future prospects of hedge funds / Hunter M. Holzhauer; title: Discussion questions and answers; title: Index.