A comprehensive guide to the often misunderstood, high yielding enterprise Today, most people have heard the term "hedge fund," the investment fund that manages more than $2 trillion in assets, but few are clear about what exactly a hedge fund is or what it does. This guide aims to put them in the know.
Designed as a one-stop resource to everything about hedge funds, Guide to Hedge Funds provides a succinct survey of the industry for all those who think they should have some knowledge of this investment vehicle.
- Deftly explains all you need to know about hedge funds in order to understand the nature of their business
- Covers who the main players are, the regulations affecting them, the arguments about hedge fund ethics, and what the future holds for them
- Aimed at all those who might have to deal with a hedge fund: private investors, trustees of a pension fund, directors of a listed company, and lawyers and accountants who may be interested in working in the industry
Written in the accessible and easy-to-understand prose for which The Economist is so highly regarded, this lively and clear guide sheds much-needed light on the world of hedge funds.
This lively and admirably clear guide sheds much needed light on the world of hedge funds by explaining what they are, what they do, who the main players are, the regulations affecting them, the arguments as to whether they are a force for good or bad, and what the future holds for them. "More people have a view about hedge funds than know about them. Philip Coggan bridges the knowledge gap in this clearly written guide.Every chapter is a gold mine of information and analysis, making it easy to learn about hedge funds. No investor, no investment adviser, no trustee, no dinner-table conversationalist should express opinions on the sector until they have read this book." --Elroy Dimson BGI Professor of Investment Management, London Business School