The hedge fund mirage: the illusion of big money and why it's too good to be true
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Hoboken, N.J.
Wiley
c2012
|
Ausgabe: | 1 |
Schlagworte: | |
Beschreibung: | Includes bibliographical references and index "The dismal truth about hedge funds and how investors can get a greater share of the profitsShocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance. The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top"-- |
Beschreibung: | xv, 187 p |
ISBN: | 9781118206188 |
Internformat
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500 | |a Includes bibliographical references and index | ||
500 | |a "The dismal truth about hedge funds and how investors can get a greater share of the profitsShocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance. The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top"-- | ||
650 | 4 | |a Hedge funds | |
650 | 4 | |a Investments | |
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912 | |a ZDB-30-PAD |a ZDB-30-PBE | ||
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Datensatz im Suchindex
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any_adam_object | |
author | Lack, Simon 1962- |
author_facet | Lack, Simon 1962- |
author_role | aut |
author_sort | Lack, Simon 1962- |
author_variant | s l sl |
building | Verbundindex |
bvnumber | BV044159660 |
collection | ZDB-30-PAD ZDB-30-PBE |
ctrlnum | (ZDB-30-PAD)EBC817856 (ZDB-89-EBL)EBL817856 (OCoLC)768082652 (DE-599)BVBBV044159660 |
dewey-full | 332.64/524 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.64/524 |
dewey-search | 332.64/524 |
dewey-sort | 3332.64 3524 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
edition | 1 |
format | Electronic eBook |
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id | DE-604.BV044159660 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T07:45:24Z |
institution | BVB |
isbn | 9781118206188 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029566505 |
oclc_num | 768082652 |
open_access_boolean | |
physical | xv, 187 p |
psigel | ZDB-30-PAD ZDB-30-PBE |
publishDate | 2012 |
publishDateSearch | 2012 |
publishDateSort | 2012 |
publisher | Wiley |
record_format | marc |
spelling | Lack, Simon 1962- Verfasser aut The hedge fund mirage the illusion of big money and why it's too good to be true Simon Lack 1 Hoboken, N.J. Wiley c2012 xv, 187 p txt rdacontent c rdamedia cr rdacarrier Includes bibliographical references and index "The dismal truth about hedge funds and how investors can get a greater share of the profitsShocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good.Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance. The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top"-- Hedge funds Investments Erscheint auch als Druck-Ausgabe, Hardcover 978-1-118-16431-0 |
spellingShingle | Lack, Simon 1962- The hedge fund mirage the illusion of big money and why it's too good to be true Hedge funds Investments |
title | The hedge fund mirage the illusion of big money and why it's too good to be true |
title_auth | The hedge fund mirage the illusion of big money and why it's too good to be true |
title_exact_search | The hedge fund mirage the illusion of big money and why it's too good to be true |
title_full | The hedge fund mirage the illusion of big money and why it's too good to be true Simon Lack |
title_fullStr | The hedge fund mirage the illusion of big money and why it's too good to be true Simon Lack |
title_full_unstemmed | The hedge fund mirage the illusion of big money and why it's too good to be true Simon Lack |
title_short | The hedge fund mirage |
title_sort | the hedge fund mirage the illusion of big money and why it s too good to be true |
title_sub | the illusion of big money and why it's too good to be true |
topic | Hedge funds Investments |
topic_facet | Hedge funds Investments |
work_keys_str_mv | AT lacksimon thehedgefundmiragetheillusionofbigmoneyandwhyitstoogoodtobetrue |