Hedge fund mirage
Material type:
- 332.64524 Lac
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
---|---|---|---|---|---|---|
![]() |
Gandhi Smriti Library | 332.64524 Lac (Browse shelf(Opens below)) | Available | 156412 |
Browsing Gandhi Smriti Library shelves Close shelf browser (Hides shelf browser)
![]() |
No cover image available No cover image available |
![]() |
No cover image available No cover image available |
![]() |
![]() |
![]() |
||
332.645 WAS 2nd ed. All about futures | 332.64524 Ahu Alpha masters | 332.64524 COG 2nd ed. Guide to hedge funds: what they are, what they do, their risks, their advantages | 332.64524 Lac Hedge fund mirage | 332.64524 MAL More money than God | 332.64524 ORO Extreme value hedging: how activist hedge fund managers are taking on the world | 332.645240922 MEZ Ugly Americans: the true story of the Ivy league cowboys who raided Asia in search of the American dream |
The dismal truth about hedge funds and how investors can get a greater share of the profits
Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.
Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance.
The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck
Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s
Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top.
There are no comments on this title.