{"product_id":"investing-in-hedge-funds-isbn-9781576601846","title":"Investing in Hedge Funds","description":"Hedge funds are in the news and on the minds of sophisticated investors more than ever. Investors have questions about how the funds are structured, where the assets are allocated, and whether hedge funds can truly act as a hedge against market risk. The answers are all here in \u003ci\u003eInvesting in Hedge Funds.\u003c\/i\u003e  \u003cp\u003eUntil recently, much of what makes hedge funds tick has been closely guarded--the intellectual property of Wall Street's investment elite. In this updated and revised text, Joseph G. Nicholas, founder and chairman of the leading industry information provider Hedge Fund Research, Inc., travels inside the hedge fund marketplace to explain the alternative investment strategies of top fund managers, providing clear descriptions of how to access these funds and where they're headed. It's a complete guide that everyone investing in hedge funds should study closely.\u003c\/p\u003e  \u003cb\u003eIntroduction.\u003c\/b\u003e  \u003cp\u003e\u003cb\u003ePART I: Keys to Understanding.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1: What Is a Hedge Fund?\u003c\/p\u003e \u003cp\u003eCHAPTER 2: The Hedge Fund Investment Structure.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: Investing with Knowledge.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 3: Hedge Fund Strategies.\u003c\/p\u003e \u003cp\u003eCHAPTER 4: Fixed-Income Arbitrage.\u003c\/p\u003e \u003cp\u003eCHAPTER 5: Equity Market Neutral.\u003c\/p\u003e \u003cp\u003eCHAPTER 6: Convertible Arbitrage.\u003c\/p\u003e \u003cp\u003eCHAPTER 7: Merger (Risk) Arbitrage.\u003c\/p\u003e \u003cp\u003eCHAPTER 8: Distressed Securities.\u003c\/p\u003e \u003cp\u003eCHAPTER 9: Event-Driven Strategies.\u003c\/p\u003e \u003cp\u003eCHAPTER 10: Macro Investing.\u003c\/p\u003e \u003cp\u003eCHAPTER 11: Sector Funds.\u003c\/p\u003e \u003cp\u003eCHAPTER 12: Equity Hedge.\u003c\/p\u003e \u003cp\u003eCHAPTER 13: Emerging Markets.\u003c\/p\u003e \u003cp\u003eCHAPTER 14: Short Selling.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III: Making an Investment.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 15: Investing in Hedge Funds.\u003c\/p\u003e \u003cp\u003eCHAPTER 16: After the Initial Allocation.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAPPENDICES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA. Calculation Methodology.\u003c\/p\u003e \u003cp\u003eB. Resources for Investors.\u003c\/p\u003e \u003cp\u003eC. Hedge Fund Research Performance Indices.\u003c\/p\u003e \u003cp\u003eGLOSSARY.\u003c\/p\u003e \u003cp\u003eNOTES.\u003c\/p\u003e \u003cp\u003eINDEX.\u003c\/p\u003e  \"This book tells all. It explains how [hedge funds] work. \u003cb\u003eThis is a serious and important book on the subject and must be read by any serious investor.\u003c\/b\u003e\" (\u003ci\u003eTradersworld\u003c\/i\u003e magazine)  \u003cp\u003e\"\u003cb\u003eNicholas has done an invaluable service\u003c\/b\u003e in laying out exactly how hedge funds work, who runs them, how they incorporate, their benefits and risks, and how to go about selecting one.\" (\u003ci\u003eTheStreet.com\u003c\/i\u003e)\u003c\/p\u003e \u003cp\u003e\"I have yet to find a book which \u003cb\u003edoes such a good job\u003c\/b\u003e of demystifying an area which has been kept deliberately opaque (with good reason) by its players.\" (\u003ci\u003eAIMA (Alternative Investment Management Association) Newsletter\u003c\/i\u003e)\u003c\/p\u003e \u003cb\u003eJoseph G. Nicholas, JD,\u003c\/b\u003e is founder and chairman of HFR Asset Management, LLC, a leading fund of funds, and Hedge Fund Research, Inc., the industry's leading supplier of hedge fund data. The author of \u003ci\u003eMarket-Neutral Investing\u003c\/i\u003e and \u003ci\u003eHedge Fund of Funds Investing\u003c\/i\u003e, he is a frequent lecturer and media expert on topics relating to alternative investments.  \"In light of the dramatic increase of investments in hedge funds, the recent media attention, and the widespread need to better understand these complex strategies, \u003cb\u003eJoe Nicholas has created a key investor guide to hedge funds,\u003c\/b\u003e including the unique and valuable perspective of having top hedge fund managers describe what they do in their own words.\"\u003cbr\u003e \u003cb\u003e—Timothy J. Leach\u003cbr\u003e \u003c\/b\u003eChief Investment Officer, U.S. Trust Corp.  \u003cp\u003e\"\u003ci\u003eInvesting in Hedge Funds\u003c\/i\u003e is the first comprehensive study of what hedge funds are and how they work. \u003cb\u003eThis is an essential book for all investors curious about alternative investment strategies.\u003c\/b\u003e Joseph Nicholas details the range of investment strategies pursued by hedge fund managers and writes in a clear, lucid style. I highly recommend this book to academics and professionals who want to learn about hedge funds.\"\u003cbr\u003e \u003cb\u003e—Professor William N. Goetzmann\u003cbr\u003e \u003c\/b\u003eDirector, International Center for Finance, Yale School of Management\u003c\/p\u003e \u003cp\u003e\"\u003cb\u003eJoseph Nicholas provides an extraordinary analysis of hedge funds that clearly explains what they are and how they work.\u003c\/b\u003e This book is a must-read for anyone looking to reduce investment risks and increase performance.\"\u003cbr\u003e \u003cb\u003e—William B. Nicholson\u003c\/b\u003e\u003cbr\u003e Chairman and Chief Executive Officer, Capital Resource Advisors\u003c\/p\u003e","brand":"Bloomberg Press","offers":[{"title":"Default Title","offer_id":47989473738981,"sku":"NP9781576601846","price":36.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781576601846.jpg?v=1761784243","url":"https:\/\/k12savings.com\/es\/products\/investing-in-hedge-funds-isbn-9781576601846","provider":"K12savings","version":"1.0","type":"link"}