LEADER 05464nam 2200733 450 001 9910140283003321 005 20200520144314.0 010 $a1-118-73163-8 010 $a1-118-73160-3 010 $a1-118-73158-1 035 $a(CKB)2670000000531032 035 $a(EBL)1645272 035 $a(SSID)ssj0001213231 035 $a(PQKBManifestationID)11976597 035 $a(PQKBTitleCode)TC0001213231 035 $a(PQKBWorkID)11226734 035 $a(PQKB)10351167 035 $a(OCoLC)871860575 035 $a(Au-PeEL)EBL1645272 035 $a(CaPaEBR)ebr10845575 035 $a(CaONFJC)MIL595067 035 $a(CaSebORM)9781118731628 035 $a(MiAaPQ)EBC1645272 035 $a(PPN)183847164 035 $a(EXLCZ)992670000000531032 100 $a20140318h20142014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTactical portfolios $estrategies and tactics for investing in hedge funds and liquid alternatives /$fBailey McCann with contributions from opalesque editors 205 $a1st edition 210 1$aHoboken, New Jersey :$cJohn Wiley & Sons,$d2014. 210 4$dİ2014 215 $a1 online resource (221 p.) 225 1 $aWiley Finance Series 300 $aDescription based upon print version of record. 311 $a1-118-73162-X 320 $aIncludes bibliographical references and index. 327 $aTactical Portfolios; Contents; Introduction; Investors Exit Hedge Funds at Fastest Rate in Four Years; Learning from Yale: 51 Percent Allocation to Alternative Investments; Hedge Funds, Emerging Managers, Liquid Investments, and Managed Futures; Notes; Preface; Chapter 1 Hedge Fund Strategies and How They Work; Investor Evolution; Major Fund Strategies; Equity Long/Short; Macro; Event Driven; Activist Funds; Herbalife; Value Investing; Credit; Liquid Alternatives; Trusts; UCITS; AIFs; Summary; Notes; Chapter 2 Emerging Managers; What Are Emerging Managers and Who Invests In Them? 327 $aFully Vested at InceptionFriends and Family Money at Inception; Good Pedigree; Emerging Fund of Funds; Emerging Fund of One; Seeders; Summary; Notes; Chapter 3 How to Approach Investing in Hedge Funds: Investment Structures; Allocation Types; Single Allocation; Funds of Funds; Fund of One; Working with a Consultant; Third-Party Marketers; Separately Managed Accounts; Summary; Notes; Chapter 4 How to Approach Investing in Hedge Funds: Service Providers and Due Diligence; Meet the Service Providers; Hedge Fund Administrators; Risk Management; Prime Brokers; Central Clearers 327 $aDefining Risk ProfilesLiquidity; Aligning Interests; Due Diligence; Moving Beyond the Checkbox Risk Assessment; Key Man Risk; Reputational Risk; Red Flags; Summary; Notes; Chapter 5 Regulatory Regime Changes and Impact; Dodd-Frank Act; FATCA; JOBS Act; AIFMD; MiFID; EMIR; Summary; Notes; Chapter 6 Managed Futures; Exploring Different Ways to Trade Managed Futures; What Is Trend Following?; Strategy Risk Considerations; How to Evaluate a CTA; 10 Due Diligence Considerations for CTAs; CTA Evaluation and Portfolio Correlation Considerations 327 $aThe P(A|B) Method to Analyze and Supervise a Managed Futures InvestmentBackground; Step Three: Market Environment Risk Exposure; Questions to Consider; Step Five: Operational Due Diligence and Account Type Selection Determines Risk Controls; Uses of the P(A|B) Method in CTA Rankings/Risk Analysis; Beta Market Environment; Key Statistics with This Strategy; Considerations Regarding This Strategy; CTA Benchmarks/CTA Uncorrelated Parings; P(A|B) Method Use in Portfolio Development; 5 Million Portfolio Development Example; What About Managed Accounts? 327 $aUnderstanding Managed Accounts-By Chidem KurdasManagers' Objections; Food for Thought: Consider Managed Futures Investing in a Fashion Similar to Growth Stock Investing; Summary; Notes; Chapter 7 Investment Mechanics; Diversification: Real and Imagined; Evaluation of Risk; The Hedge Is the Edge-Types of Hedges; Short Trade; The Paradox; What Color Is Your Swan?; Cash Is Not Always King; Evolution; Structure; Are Puts the Only Option?; Volatility; Tail Risk Hedges for Retail Investors; Derivatives; Summary; Notes; About the Author; About the Contributors; Additional Resources; Index 330 $aTake an active management approach with liquid alternatives to increase R.O.I. Take advantage of inefficiencies in the market by investing in alternative assets. Hedge fund and private equity investment diversifies your portfolio and helps shield you from market volatility, allowing your more passive assets to work the long game. In Tactical Portfolios: Strategies and Tactics for Investing in Hedge Funds and Liquid Alternatives, author Bailey McCann guides you through the principles of hedge fund investment and the associated philosophies of risk management strategies. McCann's 410 0$aWiley finance series. 606 $aFinance 606 $aHedge funds 606 $aInvestments 606 $aRisk management 615 0$aFinance. 615 0$aHedge funds. 615 0$aInvestments. 615 0$aRisk management. 676 $a332.645 700 $aMcCann$b Bailey$0999117 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910140283003321 996 $aTactical portfolios$92292236 997 $aUNINA