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The Handbook of Alternative Investment Strategies

The Handbook of Alternative Investment Strategies


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About the Book

"The Handbook of Alternative Investment Strategies" brings you strategic insights and practical research on institutional investments in a range of alternative asset classes by the most successful practitioners and leading applied academics. In a single volume of over 300 pages, "The Handbook of Alternative Investment Strategies" is a complete guide to portfolio techniques, asset allocation, performance measurement and product selection in a range of assets including: hedge funds, managed futures, derivatives, private equity and venture capital, oil and gas, energy futures, and more. It's the latest thinking by the leading experts that you need to know to make informed decisions on investing and avoid pitfalls in illiquid, high-risk investments.

Table of Contents:
Part 1 Alternative asset returns - academic evidence: are stocks the best place to be in the long run - a contrary opinion; technical trading - when it works and when it doesn't; benefits of managed fund strategies - managed futures and hedge funds. Part 2 Managed futures: comparison of managed futures benchmarks; naive and optimal diversification for managed futures; the benefits of managed futures; managed futures and hedge fund investment for downside equity risk management; skewness in asset returns - does it matter. Part 3 Hedge fund investment: a review of hedge fund performance benchmarks; na?ve diversification for hedge funds; multi-factor analysis of hedge fund, managed futures and mutual fund return and risk characteristics; alternative investments in the institutional portfolio. Part 4 Commodity investment: commodity investment - long-run returns and the function of passive capital; GSCI collateralized futures as a hedging and diversification tool for institutional portfolios - an update; hedging portfolios with real assets; energy-based investment products and investor asset allocation. Part 5 Traditional alternatives: risk and reward in private equity investments - the challenge of performance measurement; a transaction-based index of commercial property and its comparison to the NCRIEF index; Timberland return drivers and investing styles for an asset that has come of age; structure of the venture capital industry; private debt - past, present and future. Part 6 New product development and design: traditional and alternative investments - market structure, product structure and security design; an introduction to credit derivatives; alternative risk transfer - investing directly in insurance risk as an alternative investment strategy; an overview of value at risk.


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Product Details
  • ISBN-13: 9780961944681
  • Publisher: Euromoney Institutional Investor
  • Publisher Imprint: Euromoney Books
  • ISBN-10: 0961944684
  • Publisher Date: 01 Sep 1999
  • Binding: Paperback


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