The Investor’s Guide to Hedge Funds

Historically, hedge funds have almost always outperformed major market indices -even during the most recent bear markets. But the rewards are not without major risks and rife controversy. What exactly are hedge funds and why are they so exclusive to only a select group of investors?

Co-written by authors Sam Kirschner, Eldon C. Mayer and Lee Kessler, the 356 page hardcover serves as a good introduction to the seasoned investor who would like to diversify into Hedge Funds.

While the fund may not be available to everyone especially here in Singapore, the book does describe in varying levels of technical detail how hedging works. Some of these techniques can then be applied to your individual portfolio in accordance to your funds, risk appetite and objectives.

Included with the various technique chapters are interviews with actual hedge fund managers who deploy the particular technique. A word of caution though for the rookie investor – the work is pretty technical and will not go down well with beginners. A good knowledge of basic stock market techniques is highly recommended.