Cargando…

Funds of hedge funds : performance, assessment, diversification, and statistical properties /

With about $450 billion in assets, funds of hedge funds are the most recent darling of investors. While hedge funds carry high risk for the promise of high returns they are designed for the very rich and for large institutional investors such as pension funds. A Fund of Hedge Funds (FOF) spreads inv...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Gregoriou, Greg N., 1956-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Amsterdam ; Boston : Butterworth/Heinemann/Elsevier, ©2006.
Colección:Quantitative finance series.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:With about $450 billion in assets, funds of hedge funds are the most recent darling of investors. While hedge funds carry high risk for the promise of high returns they are designed for the very rich and for large institutional investors such as pension funds. A Fund of Hedge Funds (FOF) spreads investments among a number of hedge funds to reduce risk and provide diversification, while maintaining the potential for higher than average returns. Odds are that some pension fund of yours is invested heavily in these products, and more recently these FOFs have been opened to more and more individual investors in offshore jurisdictions with lower minimum entry levels. Since this is a new and extremely fast-moving financial phenomenon, academic research has just begun in earnest, and this is the first book to present rigorous academic research by some of the leading lights in academic finance, carefully analyzing the broad array of issues involved in FOFs. * With over $450 billion in assets, hedge funds of funds are the darling of investors * First book to present rigorous academic research about funds of funds * Leading lights in academic finance from around the world analyze the broad array of issues involved in funds of funds.
Descripción Física:1 online resource (xxix, 466 pages) : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9780750679848
0750679840
9780080472829
0080472826
1281016128
9781281016126
9786611016128
6611016120