3
How Do ’40 Act Alternative Mutual Funds Make Money for Their Investors
Most investors have only a vague idea, at best, about how an alternative investment portfolio manager earns returns on a portfolio of securities. Not surprisingly, there are, of course, a wide range of strategies available to these managers. This chapter discusses the major investment strategies employed by Investment Company Act of 1940 (’40 Act) alternative vehicles and explains how each broad category is managed for investors.
It’s useful, however, to first broadly review how hedge fund portfolio managers attempt to earn positive excess returns, or alpha, in their activities. ...
Get Winning With Liquid Alternatives: How to Achieve Your Financial Goals by Investing in ’40 Act Alternative Mutual Funds now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
