Managing hedge fund managers: quantitative and qualitative performance measures

This book takes a different tact in providing insight into the analysis of hedge funds. The analysis of hedge funds is evolving as inflows to the funds have increased. Many published materials of late have focused on the applicationsof the long established Modern Portfolio Theory (MPT). MPT has been at the forefront of financial analysis primarily for traditional asset classes. But current research and findings have demonstrated that MPT and traditional analysishave large gaps and have been ineffective in the analysis of hedge funds, andnew approaches using PMPT (Post-MPT), behavioral finance and other methods have proven more useful. This book incorporates quantitative and qualitative methods into its methodology. The qualitative framework examines areas typically overlooked in traditional analysis, while the quantitative measures examine methods more suited to non-normal results that are the trademark of hedge fund investing. Additionally, Stavetski goes further by presenting specific cases todemonstrate the shortcomings of MPT, the red flags raised and how PMPT and behavioral analysis may have provided early warning signs to investors. The goalis to provide readers with reliable non-traditional tools for these non-traditional assets.

• ISBN: 978-0-470-19759-2
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 258
• Fecha Publicación: 09/04/2009
• Nº Volúmenes: 1
• Idioma: Inglés