Reviews for Hedge Fund Course (Wiley Finance Series)

The average rating for Hedge Fund Course (Wiley Finance Series) based on 2 reviews is 3 stars.

Review # 1 was written on 2020-01-10 00:00:00 Brandi Boudoin The bad: maybe the goal of the book was to analyse HFs from a bird's-eye view, focusing only on major aspects - which it does well - but I was expecting a chapter on talent, not necessarily on hiring and maintaining a team, but at least on compensation and asset allocation distribution among PMs, which is a very common topic for HF managers. Also, although it covers different investor types from pensions to foundations, endowments, HWNIs, etc, only a brief description of each is given. It would be interesting to dive deep into which kind of provisions each accept upon investment - redemption periods, expected returns. This is done to a point, but would love more detail. The good: it's a solid book on the essentials of creating/running a HF, just like the title says. It covers all essential areas, from investor profiles to running the fund, analysing risk, performance and marketing, and the author writes in a very succint, clear way. Very good read.

Review # 2 was written on 2012-12-27 00:00:00 Teena D Flook Most useful for its final chapter, What Happened to the Quants in August 2007, but all of Andrew Lo's work is valuable.