04455nam 2201033 450 991081745310332120240130101250.01-63157-090-0(CKB)2550000001345999(CaPaEBR)ebrary10940893(SSID)ssj0001540820(PQKBManifestationID)11880518(PQKBTitleCode)TC0001540820(PQKBWorkID)11533930(PQKB)10429223(OCoLC)891574343(CaBNVSL)swl00404006(MiAaPQ)EBC1771351(Au-PeEL)EBL1771351(CaPaEBR)ebr10940893(CaONFJC)MIL638898(OCoLC)889552326(EXLCZ)99255000000134599920140926d2014 fy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierWhat hedge funds really do an introduction to portfolio management /Philip J. Romero and Tucker BalchFirst edition.New York, New York (222 East 46th Street, New York, NY 10017) :Business Expert Press,2014.1 online resource (148 pages)Economics collection,2163-7628Includes index.Part of: 2014 digital library.1-63157-089-7 1-322-07647-2 Part I. The basics -- 1. Introduction -- 2. So you want to be a hedge fund manager -- 3. An illustrative hedge fund strategy: arbitrage -- 4. Market-making mechanics -- 5. Introduction to company valuation -- Part II. Investing fundamentals: CAPM and EMH -- 6. How valuation is used by hedge funds -- 7. Framework for investing: the capital asset pricing model (CAPM) -- 8. The efficient market hypothesis (EMH), its three versions -- 9. The fundamental law of active portfolio management -- Part III. Market simulation and portfolio construction -- 10. Modern portfolio theory: the efficient frontier and portfolio optimization -- 11. Event studies -- 12. Overcoming data quirks to design trading strategies -- 13. Data sources -- 14. Back testing strategies -- Part IV. Case study and issues -- 15. Hedge fund case study: long term capital management (LTCM) -- 16. Opportunities and challenges for hedge funds -- Teaching cases -- Glossary -- Summary -- Index.What do hedge funds really do? These lightly regulated funds continually innovate new investing and trading strategies to take advantage of temporary mispricing of assets (when their market price deviates from their intrinsic value). These techniques are shrouded in mystery, which permits hedge fund managers to charge exceptionally high fees. While the details of each fund's approach are carefully guarded trade secrets, this book draws the curtain back on the core building blocks of many hedge fund strategies.2014 digital library.Economics collection.2163-7628Hedge fundsFons especulatiusthubGestió de carterathubPortfolio managementLlibres electrònicsthubabsolute returnactive investment managementarbitragecapital asset pricing modelCAPMderivativesexchange traded fundsETFfat tailsfinancehedge fundshedginghigh-frequency tradingHFTinvestinginvestment managementlong/shortmodern portfolio theoryMPToptimizationquantquantitative trading strategiesportfolio constructionportfolio managementportfolio optimizationtradingtrading strategiesWall StreetHedge funds.Fons especulatiusGestió de carteraPortfolio management.332.6327Romero Philip J.1596044Balch Tucker.MiAaPQMiAaPQMiAaPQBOOK9910817453103321What hedge funds really do3931538UNINA