Investment Strategies of Hedge Funds

Stefanini, Filippo

Wiley Finance Series

1. Auflage Juli 2006
336 Seiten, Hardcover
Praktikerbuch

ISBN: 978-0-470-02627-4

John Wiley & Sons

Kurzbeschreibung

Hedge funds are among the fastest growing sectors of the investment world. Investment Strategies of Hedge Funds provides an intensive learning experience, defining hedge funds, explaining hedge fund strategies, and offering both qualitative and quantitative tools for accessing these types of funds. The book covers many topics that are frequently overlooked in discussions of hedge funds including theoretical hedge fund strategy and trading examples from successful hedge fund managers. Investment Strategies of Hedge Funds offers an empirical approach to this complex class of investment.

Weitere Versionen

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.

Foreword.

Preface.

Acknowledgements.

About the Author.

1. A Few Initial Remarks.

2. Arbitrage.

3. Short Selling.

4. Long/Short Equity.

5. Merger Arbitrage.

6. Convertible Bond Arbitrage.

7. Fixed Income Arbitrage.

8. Strategies on CDOs.

9. Mortgage-Backed Securities Arbitrage.

10. Distressed Securities.

11. Event Driven or Special Situations.

12. Multi-strategy.

13. Managed Futures.

14. Global Macro.

15. Other Strategies.

16. Hedge Fund Performance Analysis.

17. Conclusions.

Bibliography.

Index.

"This is a very good place to investigate the reality of hedge funds." (Pensions World, October 2007)

Filippo Stefanini is the Head of Research at Eurizon AI SGR where he is responsible for analysing, selecting and monitoring hedge funds and newcits funds. Eurizon AI SGR SpA is the alternative investment company of the banking group Intesa San Paolo and specialises in managing funds of hedge funds. He has been a lecturer in Risk Management at the University of Bergamo (Italy) since 2007. Filippo Stefanini was the Deputy Chief Investment Officer and Head of Asset Allocation at Aletti Gestielle Alternative SGR from 2001 to mid 2008. He previously worked as a consultant for Accenture in the Asset Management and Investment Banking areas. Filippo is the author of "Investment Strategies of Hedge Funds" and "Newcits: Investing in UCITS Compliant Hedge Funds", both published by John Wiley & Sons. He has also co-authored some Italian language books published by Il Sole 24 Ore entitled "I fondi newcits", "Hedge Funds: strategie di investimento" and "Hedge Funds: Investire per generare rendimenti assoluti".

F. Stefanini, Aletti Gestielle Alternative SGR, Italy