This primer on the analysis of hedge funds offers investors a more quantitative understanding of this topic, providing a complete guide to portfolio techniques, asset allocation, performance measurement and product selection in the alternative investment world. Hedge funds are the fastest growing sector of the financial industry, and yet the least understood, by market professionals. Examines and popularises the results of several quantitative studies that have so far been confirmed within academic circles. Written by a highly regarded and impartial financial practitioner and academic, this will provide an excellent follow-on to Hedge Funds: Myths & Limits (Wiley 2002)
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