How to Invest In Hedge Funds - An Investment Professional's Guide By Matthew Ridley

摘要

Total assets invested in hedge funds have just broken through the one trillion dollar barrier. Yet, as Matthew Ridley points out in How to Invest In Hedge Funds, the sheer variety of approaches makes it difficult to define just what a hedge fund is. Ridley has an insider's view of these investment vehicles and his professional expertise shows to good advantage. Rather than attempting a precise definition, he indicates the following typical characteristics: an alternative investment approach; the objective of seeking absolute returns; unconstrained investment strategies including short-selling - and big incentives for fund managers.