CHAPTER 15
Investing in Hedge Funds
LIKE MOST investment decisions, investing in hedge funds is a rational process that begins with an investment goal and results in making one or more investment selections. The process is designed to improve the chances of achieving a set of investment objectives. It is important to follow a methodology in constructing a portfolio of hedge funds: to create a framework within which to select investments and to evaluate and monitor the portfolio’s risk and performance. Such a framework provides an efficient information feedback loop that allows the adjustment, refinement, and successful management of a multiple fund or manager investment portfolio.
To properly analyze hedge fund strategies, combine them to construct ...

Get Investing in Hedge Funds, Revised and Updated Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.