EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC-Risk Surveys Research News Research Papers Books Features Interviews Indexes and Benchmarking EDHEC-Risk Efficient Equity Indices FTSE EDHEC-Risk ERAFP SRI Index Equity Index Research EDHEC-Risk Alternative Indexes Hedge Fund Index Research EDHEC-Risk IEIF Commercial Property Indices Amundi ETF "Core-Satellite and ETF Investment" Research Chair Style and Performance Analysis Hedge Fund Performance EuroPerformance/EDHEC-Risk Institute Style Ratings Performance Measurement for Traditional Investment Asset Allocation and Alternative Diversification Real Assets Newedge "Advanced Modelling for Alternative Investments" Research Chair CME Group "Exploring the Commodity Futures Risk Premium: Implications for Asset Allocation and Regulation" Strategic Research Project SGCIB "Structured Equity Investment Strategies for Long-Term Asian Investors" Strategic Research Project Asset Allocation and Derivative Instruments Structured Forms of Investment Strategies FBF "Structured Products and Derivatives" Research Chair Eurex "The Benefits of Volatility Derivatives in Equity Portfolio Management" Strategic Research Project ALM and Asset Management AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair Ontario Teachers' Pension Plan "Advanced Investment Solutions for Liability Hedging for Inflation Risk" Research Chair Rothschild & Cie "The Case for Inflation-Linked Corporate Bonds: Issuers' and Investors' Perspectives" Research Chair Russell Investments "Solvency II Benchmarks" Research Chair La Française AM "Dynamic Allocation Models and New Forms of Target-Date Funds for Private and Institutional Clients" Research Chair Operational Risks and Performance Best Execution: MiFID and TCA Mitigating Hedge Funds Operational Risks CACEIS "Risk and Regulation in the European Fund Management Industry" Research Chair EDHEC-Risk Publications Reports, Studies, Surveys and Position Papers Academic Publications All EDHEC-Risk Publications Events Events organised by EDHEC-Risk Institute CFA Institute/EDHEC-Risk Institute Advances in Asset Allocation Seminar, San Francisco, 6-8 March, 2012 Execution and Trading on Equity Markets - The New Landscape, Singapore, 9 March, 2012 EDHEC-Risk Days Europe 2012, London, 27-29 March, 2012 Alternative Asset Allocation Seminar, New York, 11-13 April, 2012 Advances in Equity Portfolio Construction Seminar, London, 19-20 April, 2012 State-of-the-Art Commodities Investing Seminar, Singapore, 23-24 April, 2012 EDHEC-Risk Days Asia 2012, Singapore, 9-10 May, 2012 CFA Institute/EDHEC-Risk Institute Advances in Asset Allocation Seminar, New York, 12-14 June, 2012 Advanced Commodity Investment Seminar, London, 19-20 June, 2012 Events involving EDHEC-Risk Institute's participation EDHEC-Risk Institute Presentation Research Programmes Research Chairs and Strategic Research Projects Partnership International Advisory Board Team EDHEC-Risk News EDHEC-Risk Newsletter EDHEC-Risk Press Releases EDHEC-Risk in the Press Careers EDHEC Business School EDHEC-Risk Executive Education EDHEC-Risk Institute PhD in Finance EDHEC-Risk Institute Executive MSc in Risk and Investment Management Investment Management Seminars Contact Us Contact Us
Alternative Investments
Handbook of Hedge Funds

Authors: François-Serge Lhabitant
Editions: Wiley
Pages: 654 pages
Date: December 2006
 
 
 
Summary
Intended as a comprehensive reference for investors and fund and portfolio managers, the Handbook of Hedge Funds combines new material with updated information from Francois-Serge Lhabitant’s two other successful hedge fund books. This book features up-to-date regulatory and historical information, new case studies and trade examples, detailed analyses of investment strategies, discussions of hedge fund indices and databases, and tips on portfolio construction.

The contents include:
  • Hedge Fund Overview:
    • History Revisited
    • Legal Environment
    • Operational and Organizational Structures
    • Understanding the Tools Used by Hedge Funds

  • Hedge Fund Strategies and Trade Examples
    • Long/Short Equity Strategies
    • Dedicated Short
    • Equity Market Neutral
    • Distressed Securities
    • Merger Arbitrage
    • Convertible Arbitrage
    • Fixed Income Arbitrage
    • Emerging Markets
    • Global Macro
    • Managed Futures and Commodity Trading Advisors (CTAs)
    • A Smorgasbord of Other Strategies

  • Measuring Returns, Risks, and Performance:
    • Measuring Net Asset Values and Returns
    • Return Statistics and Risk
    • Risk-Adjusted Performance Measures
    • Databases, Indices and Benchmarks

  • Investing in Hedge Funds
    • Revisiting the Benefits and Risks of Hedge Fund Investing
    • Asset Allocation and Hedge Funds
    • Hedge Fund Selection: A Route Through the Maze
    • Funds of Hedge Funds
    • Structured Products on Hedge Funds
About the Author:

Francois-Serge Lhabitant, PhD, is CIO of Kedge Capital. He was formerly a Member of Senior Management at Union Bancaire Privée, and prior to this, a Director at UBS/Global Asset Management. On the academic side, he is a Professor of Finance at the University of Lausanne and at EDHEC Business School. His specialist skills are in the areas of alternative investment (hedge funds) and emerging markets. He is the author of several books on these two subjects and has published numerous research and scientific popularisation articles. He is also a member of the Scientific Council of the Autorité des Marches Financiers, the French regulatory body.
 
 
 
     


FTSE EDHEC-Risk Efficient Indexes: January 2012
United States 4.27%
United Kingdom 2.78%
Eurobloc 5.66%
Developed Europe 5.17%
Dev. Europe ex. UK 5.58%
Japan 2.20%
Dev. Asia ex. Jap. 7.51%
Asia-Pac. ex. Jap. 8.66%
Asia-Pacific 6.63%
Developed 4.65%
Emerging 10.25%
All World ex. US 6.10%
All World ex. UK 5.36%
All World 5.28%


EDHEC-Risk Alternative Indexes: December 2011
Conv. Arb. 0.29%
CTA Global 0.34%
Dist. Sec. 0.50%
Emg. Mkts -1.81%
Eq. Mkt Neut. 0.06%
Event Driven -0.34%
Fix. Inc. Arb. 0.45%
Global Macro -0.22%
L/S Equity -0.56%
Merger Arb. 0.56%
Rel. Value 0.12%
Short Selling 0.41%
FoF -0.54%

EDHEC-Risk IEIF Commercial Property: December 2011
Price (FR) 2.11%
Total Return (FR) 2.11%





EDHEC Partners
Pal bottom