May 2011
Intermediate to advanced
366 pages
11h 31m
English
book
Managed Futures for Institutional Investors: Analysis And Portfolio Construction
by Galen Burghardt, Brian Walls
Content preview from Managed Futures for Institutional Investors: Analysis And Portfolio Construction
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O’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.I 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.I’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.I'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.
P1: OTA/XYZ P2: ABC
JWBT468-fm JWBT468-Burghardt March 15, 2011 16:33 Printer Name: Courier Westford
Contents
Acknowledgments xiii
Introduction: Why Invest in CTAs? 1
What Kind of Hedge Fund Is a CTA? 1
Why Do CTAs Make Money? 2
How Much Should You Invest? 7
What About the Risks? 9
They’re a Good Fit for Institutional Investors 10
How the Book Is Structured 11
PART I: A PRACTICAL GUIDE TO THE INDUSTRY
CHAPTER 1
Understanding Returns
17
Risk and Cash Management 18
Trading, Funding, and Notional Levels 19
The Stability of Return Volatilities 19
Basic Futures Mechanics 20
A Typical Futures Portfolio 27
CHAPTER 2
Where Are the Data?
41
The CTA Universe and Your Range ...
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