A comprehensive guide to the burgeoning hedge fund industryIntended as a comprehensive reference for investors and fund and portfolio managers, Handbook of Hedge Funds combines new material with updated information from Francois-Serge L€™habitant€™s two other successful hedge fund books. This book features up-to-date regulatory and historical information, new case studies and trade examples, detailed analyses of investment strategies, discussions of hedge fund indices and databases, and tips on portfolio construction.Francois-Serge L€™habitant (Geneva, Switzerland) is the Head of Investment Research at Kedge Capital. He is Professor of Finance at the University of Lausanne and at EDHEC Business School, as well as the author of five books, including Hedge Quantitative Insights (0-470-85667-X) and Hedge Myths & Limits (0-470-84477-9), both from Wiley.
This book is absolutely brilliant, in an understated way. A clear, concise, informative, logically organized overview of the Hedge Fund world. Furthermore, the author displays personality, wit, and intellectual integrity throughout.
Compared to most business books that are overly dry, or bombastic, this book is readable without compromising on deep knowledge, processes and statistics. A real gem this one.
This book is what it claims to be. l'Habitant gives an overview of the main hedge fund styles, insight into fee and performance calculations, and a wealth of practical advice on running a fund. Invaluable to an academic new to the field.