Nicholas, Joseph G., 1959-

Hedge fund of funds investing : an investor's guide / Joseph G. Nicholas. - 1st ed. - Princeton : Bloomberg Press, 2004. - xix, 259 p. : ill. ; 24 cm. - Bloomberg professional library .

Includes index.

Fund of funds in the hedge fund industry --
Hedge fund investment strategies --
Fund of funds mechanics and the two-tiered structure --
Advantages and disadvantages of funds of funds --
Performance of funds of funds --
Fund of funds in a portfolio with traditional assets --
Defining objectives and identifying candidates --
Issues in due diligence : the fund of funds firm --
Issues in due diligence : portfolio management --
Issues in due diligence : risk management --
Fund of funds selection case study.

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.

1576601242 (alk. paper)


Hedge funds.

HG 4530 / N597h 2004

332.64