Investing in Hedge Funds
A Guide to Measuring Risk and Return Characteristics
By- Turan Bali, Georgetown University, USA
- Yigit Atilgan, Sabanci University, Turkey
- Ozgur Demirtas, Baruch College, CUNY USA
This book will present a comprehensive view of the risk characteristics, risk-adjusted performances, and risk exposures of various hedge fund indices. It will distinguish itself from other books and journal articles by focusing solely on hedge fund indices and emphasizing tail risk as a predictor of hedge fund index returns. The three chapters in this short book have not been previously published.
Paperback, 100 Pages
Published: August 2013
Imprint: Academic Press
ISBN: 978-0-12-404731-0
Contents
- Introduction
- Hedge fund strategies
- Methodology
- Risk-adjusted performances
- Predictability of the moments of the hedge fund return distribution
- Exposure to macroeconomic and financial factors
