Market neutral investing long/short hedge fund strategies
"This is a book that looks at market-neutral strategies head on, assessing those that have worked and some notable ones that have failed - and explaining why. Clear, insightful, and illustrated with numerous charts and graphs, Market-Neutral Investing is an essential resource for professional i...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Princeton, NJ :
Bloomberg Press
2000.
|
| Edición: | 1st ed |
| Colección: | Bloomberg professional library
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628145806719 |
Tabla de Contenidos:
- Investing in Relationships
- What Is Market Neutral?
- Relationship Investing
- Understanding Market-Neutral Approaches
- Developments in the Hedge Fund Industry
- Hedge Fund Industry Assets
- Hedge Fund Investors
- Hedge Fund Strategies
- Making an Investment in Market-Neutral Strategies
- Linear Analysis of Returns
- Reducing Exposure to Risk
- Market-Neutral and Hedged Strategies
- Convertible Arbitrage
- Fixed-Income Arbitrage
- Mortgage-Backed Securities Arbitrage
- Merger Arbitrage
- Equity Hedge
- Equity Market-Neutral and Statistical Arbitrage
- Relative Value Arbitrage
- Achieving Superior Risk-Adjusted Returns
- Assessing the Risks
- Transparency
- Focusing on the Underlying Strategies
- Convertible Arbitrage
- Convertible Bond Valuation
- Statistical Advantage
- Convertible Valuation Components
- Convertible Arbitrage Approaches
- Quantitative Screens
- Kinds of Hedges
- Setting Up a Market-Neutral Hedge
- Setting up a Bullish Hedge
- Setting up a Bearish Hedge
- Risks and Risk Control
- Fundamental Analysis
- Hedge Analysis
- Portfolio Construction
- Liquidity
- Leverage
- Source of Return
- Convertible Bond Market History
- Recent Growth and Developments in Convertible Arbitrage
- Performance in Adverse Market Conditions
- Historical Examples
- Fixed-Income Arbitrage
- Fixed-Income Arbitrage Approaches
- Basis Trades
- Asset Swaps
- TED Spreads
- Yield Curve Arbitrage
- Relative Value Trades
- Risks and Risk Control
- Risks
- Measuring and Controlling Interest Rate Risk
- Sources of Return
- Financing
- Repurchase Agreements
- Technology
- Liquidity
- Events
- Manager Skill and Hard Work
- Growth and Recent Developments in Fixed-Income Arbitrage
- Mortgage-Backed Securities Arbitrage
- Mortgage-Backed Structures or Sectors (Types of MBS Instruments)
- Mortgage-Backed Securities' Evolution
- Pass-Throughs
- Basic Collateralized Mortgage Obligations (CMOs)
- CMO Tranches
- Valuation Methods
- Option-Adjusted Spreads
- Information Systems
- Risks and Risk Control
- Duration
- Effective and Partial Duration
- Parallel and Rotational Shifts of the Yield Curve
- Convexity
- Prepayment Duration
- Pricing
- Source of Return
- Valuation Models
- Liquidity
- Financing
- Hedging Techniques
- Recent Developments in MBS Arbitrage
- Merger Arbitrage
- Merger Arbitrage Approaches
- Cash Mergers or Tender Offers
- Stock Swap Mergers
- Stock Swap Mergers with a Collar
- Multiple Bidder Situations
- Leveraged Buyouts and Hostile Takeovers
- Risks
- Event Risk
- Deal Flow
- Liquidity
- Risk Control
- Diversification
- Leverage
- Source of Return
- Growth and Recent Developments in Merger Arbitrage
- Deal Flow and Other Factors Affecting Volume
- Stress Period: The Third Quarter of 1998
- Returns
- Equity Hedge
- Investment Themes and Fundamental Analysis
- Investment Themes
- Fundamental Analysis
- Equity Hedge Approaches
- Quantitative vs. Qualitative Mix
- Universe of Stocks
- Style
- Liquidity
- Net Market Exposure
- Research
- Leverage
- Risks and Risk Control
- Stock-Picking Risk
- Market Risk
- Universe of Stocks
- Diversification
- Sell Disciplines
- Source of Return
- Recent Growth and Developments in Equity Hedge Investing
- Equity Market-Neutral and Statistical Arbitrage
- Equity Market-Neutral Approaches
- Initial Screen: Universe of Investable Stocks
- Stock Selection
- Mean Reversion-Based Approaches
- Risks and Risk Control
- Portfolio Construction and Optimization
- Manager Styles--Putting It All Together
- Source of Return
- Recent Growth and Developments in Equity Market-Neutral Investing
- Relative Value Arbitrage
- Relative Value Arbitrage Approaches
- Convertible Arbitrage
- Merger Arbitrage
- Equity Statistical Arbitrage
- Pairs Trading
- Fixed-Income Arbitrage
- Options and Warrants Trading
- Capital Structure Arbitrage
- Regulation D (Structured Discount Convertible) Arbitrage
- Risks and Risk Control
- Strategy Mix
- Strategy Weightings
- Source of Return
- Growth and Recent Developments in Relative Value Arbitrage.
