Hedge Funds of Funds: A Guide for Investors

Contents

Preface

Acknowledgements

PART I: AN INTRODUCTION TO HEDGE FUNDS AND HEDGE FUNDS OF FUNDS

1 Introduction

1.1 About this book

1.2 Overview

1.3 What are hedge funds?

1.4 How do hedge funds generate absolute returns?

1.5 Who invests in hedge funds?

1.6 Where's the catch?

1.7 What are hedge funds of funds?

1.8 The growth of hedge funds

1.9 Conclusion

1.10 Glossary for Chapter 1

1.11 Summary of ideas for Chapter 1

2 Hedge Fund Strategies

2.1 Overview

2.2 Equity Long/Short

2.3 Event Driven and Distressed investing

2.4 Relative Value and Arbitrage Strategies

2.5 Trading and Macro strategies

2.6 Summary

2.7 Glossary for Chapter 2

2.8 Summary of ideas for Chapter 2

3 The Benefits and Risks of Investing in Hedge Funds

3.1 Overview

3.2 The benefits of investing with hedge funds

3.3 The rationale for hedge fund returns

3.4 Hedge fund strategies and the nature of hedge fund returns

3.5 The downsides of investing in hedge funds

3.6 Summary

3.7 Glossary for Chapter 3

3.8 Summary of ideas for Chapter 3

4 Investing in Hedge Funds Through a Hedge Fund of Funds

4.1 Overview

4.2 What do hedge funds of funds do?

4.3 The role of the hedge fund of funds manager

4.4 Hedge fund of funds vs direct investment: Benefits and downsides

4.5 Hedge fund of funds vs multi-strategy hedge funds

4.6 Summary and conclusion of Part I

4.7 Glossary for Chapter 4

4.8 Summary of ideas for Chapter 4

PART II: HEDGE FUNDS OF FUNDS IN ACTION

5 Core Functions and Capabilities of Hedge Funds of Funds

5.1 Overview

5.2 ...