Book description
Valuable guidance on fund of funds investing
While capital markets have become more complex, investors are still
looking to increase portfolio performance without increasing risk.
Fund of funds investing is one such avenue to pursue. This practical
guide provides you with the tools needed to understand and evaluate
your investments in this often opaque area of finance. In Fund of
Funds Investing, hedge fund expert Daniel Strachman and fund of
funds manager Richard Bookbinder offer valuable insights into this
world through an industry overview and review of essential issues
including due diligence, risk and portfolio management, and
multi-strategy funds.
- Outlines strategies that will help you invest directly in a wide
range of hedge funds
- Other titles by Strachman: The Fundamentals of Hedge Fund
Management, Essential Stock Picking Strategies, The Long and
Short of Hedge Funds, Julian Robertson, and Getting
Started in Hedge Funds, Second Edition
- Based on extensive interviews by the authors as well as their
experiences in this field
Funds of Funds Investing is an important guide to one of the
most misunderstood areas of modern finance.
Daniel Strachman has been working on Wall Street
for more than fifteen years, providing services and advice to
individuals and institutions. He is also editor of the blog,
HedgeAnswers. com, which offers commentary and insight into the hedge
fund industry. Strachman has worked in product development, marketing,
and sales focused around the money management industry. He is author
of The Long and Short of Hedge Funds, The Fundamentals of
Hedge Fund Management, the first and second editions of
Getting Started in Hedge Funds, Essential Stock Picking
Strategies, and Julian Robertson: A Tiger in the Land of Bulls
and Bears, all published by Wiley.
Richard Bookbinder formed Bookbinder Capital Management LLC in
the spring of 1999 and is actively involved in all aspects of business
operations including fund management, portfolio allocation, and
manager research. He also acts as a sub-advisor to investors seeking
customized hedge fund of funds portfolios. In 2009, Bookbinder
launched TerraVerde Capital Management, a fund of funds that invests
in managers who aim to reduce the world's carbon footprint.