Understanding Hedge Funds

PART I: What You Need to Know First

1: History of Hedge Funds

2: Hedge Fund tutorial

3: Investment Risk and return

4: Battle for Portfolio Performance

5: Golden Opportunities and Hidden Challenges

PART II: Hedge Fund Alternatives and Strategies

6: Lower Risk Strategies

7: Moderate Risk Strategies

8: Higher Risk Strategies

9: Fund of Funds Strategy

PART III: Evaluating and Selecting Hedge Funds

10: Conducting Manager Searches

11: Overcoming Operational Hurdles

12: Effective Due Diligence

13: Nuances of Manager Selection

PART IV: Final Words

14: Asset Allocation and Hedge Funds

15: Common Mistakes and Leading Misconceptions

16: Cornerstone Themes and Principles

Appendix: Hedge Fund Checklist and Toolkit

Capitalize on the Opportunities Hedge Funds Offer for Increased Investment Returns and Reduced Risk

Understanding Hedge Funds is a clear, direct guide to the nature and use of hedge funds. This concise resource demystifies the different types of hedge funds, weighs the opportunities and risks, and helps you determine which ones are best for you.

Writing in an informal, user-friendly style, financial expert Scott Frush answers any question you may have about these largely unregulated investments. Avoiding complex mathematics, he presents an overview of the hedge fund market…describes the place of hedge funds in the global financial system…explains how to pick a hedge fund manager… and shows you how to avoid common mistakes and misconceptions.

With this wealth-building resource you'll be to:

Learn the advantages and disadvantages of hedge funds vs. mutual funds Discover strategies for low, moderate, and high-risk investingLearn about the role of hedge funds in asset allocationExplore important legal and regulatory issues impacting hedge fundsUtilize the author's valuable hedge fund checklist and toolkit