Hedge Fund Risk Transparency

Author: Leslie Rahl
Publisher: Risk Books
ISBN: 9781904339045
Published In: March 2003
Format: Paperback
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents
Author
Reviews

Details

The only title that focuses solely on hedge fund transparency and offers a balanced perspective that appreciates both the needs of institutional investors and hedge fund managers.

Presents clear insight on why hedge fund transparency is an issue, as well as offers solutions
Includes ’perspectives’ based on interviews with numerous eminent practitioners from both sides of the investor/hedge fund debate
Service providers including consultants, prime brokers, third party marketers, capital introducers, systems providers, lawyers and accountants, will additionally acquire an enhanced insight into the needs of both investors and hedge funds in order to tailor their services to the market needs
The press and the regulators can also achieve enhanced understanding of this complex and controversial subject
Written by the best-selling author and practitioner Leslie Rahl, who is the chair of the Investor Risk Committee of the IAFE Committee on Hedge Fund Transparency and is uniquely placed to advise on and explain the issues for all concerned participants

SECTION I: INTRODUCTION

What is Risk?
Types of Risk
Risk Transparency/Translucency
Risk Measurement
Risk Reporting
Hedge Fund Risk Systems

SECTION II: WHO INVESTS IN HEDGE FUNDS?

Institutional Investors
Plan Sponsors
Endowments and Foundations

SECTION III: FUND OF FUNDS

What is Fund of Funds?

SECTION IV: HEDGE FUNDS

An Overview of Hedge Funds

SECTION V: DIGGING INTO VARIOUS HEDGE FUND STRATEGIES

Convertible Arbitrage
Emerging markets
Long / Short Equity
Event-Driven
Fixed Income
Global Macro
Managed Futures
Market Neutral
Short Biased

SECTION VI: APPENDICIES

Hedge Fund Disclosures for Institutional Investors
Sound Practices for Hedge Fund Managers
Due Diligence
Questionnaire for Due Diligence Review of Hedge Fund Managers
Risk Standards for Institutional Investment Managers and Institutional Investors - Risk Standards Working Group
Buy-Side Risk System Comparison Matrix
Glossary
Bibliography

Index

Leslie Rahl

Ms. Rahl is the founder and Managing Partner of Capital Market Risk Advisors (CMRA), a pre-eminent risk management and risk governance boutique. As true "experts" whose practice is balanced between clients who are trying to avoid/solve problems and those who are litigating/investigating problems, CMRA is uniquely positioned to provide both pro-active and re-active services and has serviced hundreds of clients on six continents over two decades.

Ms. Rahl was a pioneer in the development of the swaps, caps and derivatives business which she co-headed at Citibank in the 1980s. She served as a Director of ISDA for five years. She is a member of the CIBC Board and Risk Committee. Ms. Rahl is the author of two previous books and numerous articles on risk. After a 19-year career at Citibank, Ms. Rahl formed and has run CMRA for over 20 years. She has an MBA from the Sloan School at MIT and an SB from MIT.

“This exceptional book is a must for pension fund managers, endowments, institutional investors, brokers, financial planners, lawyers and anyone wishing to learn more about this fascinating industry.“

Greg Gregoriou, University of Quebec and Hedge Fund Analytics of Montreal