CHAPTER 1 Hedge Fund Daily Operations
Hedge funds have become a powerful force in finance. There are thousands of hedge funds operating today; an incredible expansion for an industry that was only in its infancy half a century ago. If the hedge fund industry was crawling and learning how to walk in the 1960s and 1970s, it is now fully grown, at times running circles around its more traditional peers in the investment world. In this chapter, you will learn how these alternative funds operate and how these vehicles have become ever more complex and sophisticated over the years.
As you will learn in this book, the hedge fund has evolved greatly in recent years and differs in many ways from its peers in traditional investment vehicles. Hedge funds ...
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