Investing in Hedge Funds - by Turan Bali & Yigit Atilgan & Ozgur Demirtas (Paperback)

Book Synopsis

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.

Review Quotes

"...a very intuitive and comprehensive introduction to hedge funds. I consider this to be an excellent book for students interested in alternative investments, practitioners dealing with hedge funds as clients, and investors seeking to investigate the past performance of hedge fund indices." --Financial Markets and Portfolio Management

"Bali, ...Atilgan, ...and Demirtas...present an overview of how hedge funds have performed over the past 20 years. They discuss present risk and return characteristics for a wide range of hedge fund indices; fund databases and their biases; changes in performance in the recent global financial crisis; and linkages between index returns and macroeconomic factors." --Reference & Research Book News, December 2013