Hedges on Hedge Funds: How to Successfully Analyze and Select an Investment (Wiley Finance) - Tapa dura

Acerca del autor

James R. Hedges IV is the founder, President, and CIO of LJH Global Investments, which has offices in Florida, New York, and London. LJH is an investment advisory firm that helps clients select and invest in hedge funds. James is recognized as a pioneer in the hedge fund industry for his efforts to monitor and review funds and fund managers for performance and transparency. His efforts to advocate for investors have made LJH a watchdog for the industry so much so that the SEC asked him to participate in their Hedge Fund Roundtable in May of 2003. James is often quoted in such publications as Forbes, Institutional Investor, Barron′s, the New York Times, and the Wall Street Journal. He appears regularly on CNN, CNBC, Bloomberg, and Wall $treet Week.

De la contraportada

Hedges onHedge Funds

It's all about hedge funds?what they are, why they are so successful, and how you can become a hedge fund investor for as little as $25,000

Hedge funds are among today's most controversial investment vehicles. They are also among the most successful, significantly outperforming the S&P 500 since 1989 on both an average-return and risk-adjusted basis.

And hedge funds aren't just for the super-wealthy anymore. Hedges on Hedge Funds takes an inside look at hedge funds, helping investors of virtually every size understand:

• How a hedge fund works, including what a hedge fund is and what it is not
  
• The three categories of hedge funds, and how to use them to actually reduce portfolio risk
  
• Funds of hedge funds, which make theselucrative vehicles available to more investors than ever before
  

Investors in today's tumultuous markets can't afford to overlook any possibilities, especially those with proven track records of success. Hedges on Hedge Funds removes the veil of secrecy from hedge funds, revealing how and why they consistently outperform markets?and how to make them a valuable component of your investment portfolio.

De la solapa interior

Hedge funds are among today's fastest-growing investment opportunities. With an estimated 7,500-plus hedge funds worldwide, ever-increasing numbers of investors are profiting from the proven hedge fund advantage. We say estimated because, along with being one of the hottest investments around, hedge funds are also among the most secretive. Forbidden by law from engaging in any form of public solicitation for new clients, hedge funds generally sell through private introductions and existing relationships, and often refuse to reveal their market-beating techniques and strategies even to their own investors.

This has led to their reputation as exclusive, elitist, and beyond the reach of the average investor. But while many hedge funds still require initial investments of one million dollars or more, a new breed of security?funds of hedge funds?can provide investors with a basket of hedge funds for increased diversification and lowered risk, all for as little as $25,000.

Hedges on Hedge Funds removes the veil of secrecy that surrounds the long-hidden world of hedge funds. Written by James Hedges, a recognized pioneer in the hedge fund industry, this accessible and informative book discusses:

• Specifics of hedge fund investing?Including how to find and invest in them, a thorough overview of hedge fund investment strategies, and four vital elements for choosing the right fund manager
  
• The hedge fund advantage?Attributes that set hedge funds apart from other investment vehicles and can help them provide valuable diversification to any standard investment portfolio
  
• Types of hedge funds?From global macro to fixed income arbitrage to special situations funds, explanations of the similarities, differences, and risks involved, for help when choosing from among today's many approaches
  

Successful long-term investing is all about spotting and seizing the right opportunity at the right time. Hedge funds represent one of today's most wide-open opportunities that?despite their reputation as havens only for gamblers and the super-rich?are actually becoming affordable and sensible for most investors. Let Hedges on Hedge Funds introduce you to this increasingly accessible world, and give you the knowledge and information you need to determine whether hedge funds are right for you?and, if so, how to make them a component in your overall investment strategy.