One of the fastest growing investment sectors ever seen, hedge funds are considered by many to be exotic and inaccessible. This book provides an intensive learning experience, defining hedge funds, explaining hedge fund strategies while offering both qualitative and quantitative tools that investors need to access these types of funds. Topics not usually covered in discussions of hedge funds are included, such as a theoretical discussion of each hedge fund strategy followed by trading examples provided by successful hedge fund managers.Figure 10.5 shows for each rating the historical probability of default or changes in credit quality for corporate bonds rated by Moodya#39;s. The figure shows the average ... Source: Moodya#39;s Investors Service Global Credit Research April 2004.
|Title||:||Investment Strategies of Hedge Funds|
|Publisher||:||John Wiley & Sons - 2010-03-11|