內容簡介
Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate.
The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed.
And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial markets.Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate.
The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed.
And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial markets.
作者簡介：
FILIPPO STEFANINI is deputy Chief Investment Officer in Aletti Gestielle Alternative SGR,an Italian alternative investment company specializing in managing funds of hedge funds which is part of the banking group Banco Popolare di Verona e Novara.As of October 1st 2005 the company has assets under management of 1,4 billion euro.
He graduated from Bergamo University in 1998 with first-class honors in Industrial Engineering.Since 1999 he has worked as a consultant for Accenture in the Asset Management and Investment Banking areas.He has been working for Aletti Gestielle Alternative SGR since 2001 when he was involved in the start-up project.In 2002 he became co-author of the book Hedge Funds: to invest for generating absolute returns.In 2005 he wrote the book Hedge Funds: the investment strategies.Both books were published in Italy by Il Sole 24 Ore.
The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed.
And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial markets.Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate.
The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed.
And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial markets.
作者簡介：
FILIPPO STEFANINI is deputy Chief Investment Officer in Aletti Gestielle Alternative SGR,an Italian alternative investment company specializing in managing funds of hedge funds which is part of the banking group Banco Popolare di Verona e Novara.As of October 1st 2005 the company has assets under management of 1,4 billion euro.
He graduated from Bergamo University in 1998 with first-class honors in Industrial Engineering.Since 1999 he has worked as a consultant for Accenture in the Asset Management and Investment Banking areas.He has been working for Aletti Gestielle Alternative SGR since 2001 when he was involved in the start-up project.In 2002 he became co-author of the book Hedge Funds: to invest for generating absolute returns.In 2005 he wrote the book Hedge Funds: the investment strategies.Both books were published in Italy by Il Sole 24 Ore.
