Fund of Funds Investing: A Roadmap to Portfolio Diversification
| Author | : | |
| Rating | : | 4.40 (650 Votes) |
| Asin | : | 0470258764 |
| Format Type | : | paperback |
| Number of Pages | : | 212 Pages |
| Publish Date | : | 2015-10-09 |
| Language | : | English |
DESCRIPTION:
"Fantastic overview of the hedge fund industry" according to S. Shieh. Fund of Funds Investing is a great read! The authors, both experienced participants in the hedge fund space provide an objective, to-the-point presentation of how to successfully approach a diversified investment strategy. The read is kept easy and fresh as the authors sprinkle the technicalities of the industry with insights from their own personal e
Page by page, it addresses essential issues including:How diversifying through fund of funds investing can deliver specific risk/return profiles unattainable through single manager investingFund structures and feesWhy the need for due diligence does not diminish when investing in a fund of fundsThe factors that affect alpha generation in an uncorrelated portfolioAnd much more about investing, the markets, and the mayhem of 2008Along the way, this book also looks back at the history of the fund of funds industry and examines where the industry is today—in the wake of Madoff, the credit crisis, and the failure of many hedge fund managers to perform during the extreme volatility of 2007, 2008, and even 2009.Fund of funds will continue to grow in importance over the coming years. From the Inside Flap As capital markets continue to evolve, and become more efficient, investors are experiencing a moderation of returns. In Fund of Fund
Fund of funds investing is one such avenue to pursue. This practical guide provides you with the tools needed to understand and evaluate your investments in this often opaque area of finance. Valuable guidance on fund of funds investingWhile capital markets have become more complex, investors are still looking to increase portfolio performance without increasing risk. In Fund of Funds Investing, hedge fund expert Daniel Strachman and fund of funds manager Richard Bookbinder offer valuable insights into this world through an industry overview and review of essential issues including due diligence, risk and portfolio management, and multi-strategy funds.Outlines strategies that will help you invest directly in a wide range of hedge fundsOther titles by Strachman: The Fundamentals of Hedge Fund Management, Essential Stock Picking Strategies, The Long and Short of Hedge Funds, Julian Robertson, and Getting Started in Hedge Funds, Second EditionBased on extensive interviews by the authors as well as their experiences in this fieldFunds of Funds Investing is an important guide to one of the most misunderstood areas of modern finance.
Richard Bookbinder formed Bookbinder Capital Management LLC in the spring of 1999 and is actively involved in all aspects of business operations including fund management, portfolio allocation, and manager research. Strachman has worked in product development, marketing, and sales focused around the money management industry. He is also editor