Hedge Fund Risk Fundamentals

In the constantly evolving hedge fund marketplace, nothing is more central - but in many ways, more elusive - than risk. Yet there remains no standard for analysing and measuring risk within this highly secretive, largely unregulated field, leaving the thousands of hedge funds - and the tens of thousands of hedge fund investors - in dangerously dim light. The industry has not solved the "transparency" challenge - communicating risk to investors without disclosing proprietary information. Hedge Fund Risk Fundamentals is the first book to highlight these issues clearly and concisely. With clarity and concision, Richard Horwitz lays out the key components and the cutting-edge processes in the field of hedge fund risk management today. Against that backdrop he presents a groundbreaking utility destined to set the standard for transparency and risk management within the hedge fund universe.

'.deals head on with the challenges of hedge fund investing by providing intelligent, well-informed, and uniquely accessible advice. Most usefully, he provides a benchmark for hedge fund investors to evaluate their own investment processes."-Andrew B. Weisman, Director of Risk Management and Research, Strativarius Capital Management, LP