Guide to Hedge Funds [Hardback]What They are, What They Do, Their Risks, Their AdvantagesbyThis book is OUT OF PRINT You may be able to find a copy at ABE Books Description of Guide to Hedge FundsIn 1990 hedge funds managed some $39 billion of assets. By late 2006 that figure had grown to $1.3 trillion. That is a staggering increase. Equally staggering is the amount of money successful hedge fund managers earn. In 2006 the top 25 hedge fund managers were paid $14 billion between them, with the top three earning over $1 billion each. Most people have heard the term 'hedge fund' but few are clear about what exactly a hedge fund is or what it does. This guide aims to put them in the picture with the clarity and lively prose that "The Economist" is famous for. It provides a succinct survey of the industry for all those who think they should know about hedge funds, but do not. It is aimed at all those who might want or have to deal with a hedge fund: private investors, trustees of a pension fund, directors of a listed company, lawyers and accountants who may be interested in working in the industry. It is also aimed at those who happily criticize hedge funds without really knowing what they do.Title Information
Press and Industry Reviews"It really is what it says - a quick and easy jargon-free guide to what they are, who they are, what they do and the arguments about whether or not what they do should worry us. If you..want to know more about the organisations that apparently account for about half the trading in the stock market, this is the book for you." - Anthony Hilton, Evening StandardWrite a review of this book Customer Reviews from AmazonAboutPhilip Coggan writes about financial markets for The Economist having previously worked for 20 years for the Financial Times and been its Investment Editor. He is the author of The Money Machine: How the City Works and Easy Money. |
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