
Hedge Funds
Myths and Limits
François-Serge Lhabitant(Author)
Wiley (Publisher)
Published on 17. April 2002
Book
Hardback
XII, 268 pages
978-0-470-84477-9 (ISBN)
Description
Full coverage of how hedge funds work, from risks to rewards
L'Habitant discusses--from an investor's perspective--the potential uses, risks, and returns in hedge funds, while offering both the qualitative and quantitative tools investors need to access these types of funds. Topics not normally covered in discussions of hedge funds are included, such as how to include hedge funds in traditional portfolios, database differences, and non-transparency. A practical guide to a growing, yet little understood, segment of the financial industry.
Francois-Serge L'Habitant, PhD (Geneva, Switzerland), is Head of Quantitative Risk Management at Union Bancaire Privee in Geneva, Switzerland. A former computer engineer, he previously served as Director of UBS Private Banking Division.
Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.
Reviews / Votes
"Balanced, Constructive and instructive, this is an essential read for investors, portfolio managers and financial advisers." (Financial World, July 2004)More details
Product info
gebunden
Series
Edition
1. Auflage
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 250 mm
Width: 175 mm
Thickness: 20 mm
Weight
676 gr
ISBN-13
978-0-470-84477-9 (9780470844779)
Schweitzer Classification
Person
Francois-Serge Lhabitant has substantial experience in risk management as both a practitioner and academic. He is Head of Quantitative Risk Management at Union Bancaire Privée, Geneva whilst he is also Professor of Risk Management at HEC, University of Lausanne. In addition to this he is Assistant Professor of Finance at Thunderbird, the American Graduate School of International Management and is one of the holders of the Deloitte & Touche Chair on Risk Management at the University of Antwerp. His previous experience includes being a Director of UBS/Global Asset Management
Content
Preface.
Introduction.
PART ONE: HEDGE FUND OVERVIEW.
The Basics Revisited.
Legal Environment and Structures.
Operational and Organizational Structures.
PART TWO: HEDGE FUND STRATEGIES.
Introduction.
The Tools used by Hedge Funds.
Long/Short Strategies.
Arbitrage and Relative Value Strategies.
Event-Driven Strategies.
Directional Strategies.
Hedge Fund Indices.
Hedge Fund Performance: Beyond NAVs.
PART THREE: HEDGE FUND INVESTING.
Introduction.
Asset Allocation
Hedge Fund Selection
Funds of Funds and Metadiversification.
Capital-Guaranteed Products.
Advanced Topics: inside the black box
Conclusions.
Appendix: The Statistics of Hedge Funds.
Bibliography.
Websites.
Index.