January 2013
Beginner
350 pages
10h 25m
English
Academic studies of dynamic trading strategies and the effects on portfolio construction led to institutional investment in the sector and a quantum increase in the attention given to the hedge fund sector. At the same time HNWI were seeking high returns, professional allocators were seeking to benefit from portfolio effects and lower risk.
This golden age of hedge fund investing can best be categorized by a rapid growth in the number of funds; a tripling of assets under management; a massive increase in the importance and influence of hedge funds on banks and brokers as commissions, fees, and lending profits expanded; and the beginnings of institutionalization of the business.
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