Skip to Content
Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance
book

Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance

by Kevin R. Mirabile
January 2013
Beginner
350 pages
10h 25m
English
Wiley
Content preview from Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance

Sovereign Wealth Funds

Sovereign wealth funds and national pension schemes are pools of capital established by governments to support their people or to meet the pension obligations of government employees. Many countries outside the United States have national pension schemes or have contributed significant amounts of money to sovereign wealth funds whose mandate is to invest globally and generate returns for distribution to the people of that country or for other public goods. These sorts of funds, such as those established in Korea or in the Middle East, are long-term investors of increasing sophistication who, like pension plans, are increasingly allocating assets to alternatives and hedge funds to generate higher returns and lower volatility. Figure 2.7 shows the current and planned allocation to alternative investments by the National Pension Fund of Korea.

Figure 2.7 Korean National Pension Fund Portfolio

Source: Ministry of Health and Welfare.

img
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks

Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks

Davis Edwards

Publisher Resources

ISBN: 9781118330692Purchase bookDownloads