Hedge Funds: An Investor’s Guide------jaico
Hedge Funds have rightly gained the
attention of private and institutional investors in recent years,
proving themselves as useful portfolio diversifiers and preservers of
wealth while greatly dispelling their reputation as an “unsafe”
investment. Yet investors attempting to navigate in the field of hedge
funds face significant challenges: the large number of funds, the
diversity of strategies used, the range of financial instruments traded,
and the various formats for investing.
Pooling multiple hedge funds together into one vehicle, the fund of
funds provides a ready solution, combining professional management
expertise with asset allocation. In this book – the first of its kind –
industry expert Joseph Nicholas shows investors how these funds operate,
the benefits and risks, and the criteria and due diligence to utilize
when selecting funds. Nicholas provides an in-depth analysis of
historical fund performance and offers unique insight into the industry
and trends that may affect its evolution.