Summary of Philip J. Romero & Tucker Balch's What Hedge Funds Really Do

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 This book is for two types of students: economics and finance students interested in what quants do, and software specialists interested in applying their skills to programming trading systems. It provides a basic understanding of investing and portfolio management, then dives into the computational details of how to automate trading strategies.
#2 The financial markets are a growing, powerful, and little-known industry. This book will help you understand the markets you cover and the techniques that built their power.
#3 The goal of this book is to present the essential concepts for quantitative fund management. We will assume that you want to manage a fund, and we will focus on stocks in the U. S. markets.
#4 Economies grow by applying accumulated capital, along with other resources, to produce increasing amounts of goods and services. Capital is accumulated from the savings of households when they do not consume all of their income. Savings are invested in financial instruments if they can offer an attractive return.

Sujets

• Financial Risk Management
• Economie gestion
• Economics
• Business
• Finance

Informations

• Publié par: Everest Media LLC
• Date de parution: 12 mai 2022
• Nombre de lectures: 0
• EAN13: 9798822507296
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on Philip J. Romero & Tucker Balch's What Hedge Funds Really Do
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3 Insights from Chapter 4
Insights from Chapter 1

#1

This book is for two types of students: economics and finance students interested in what quants do, and software specialists interested in applying their skills to programming trading systems. It provides a basic understanding of investing and portfolio management, then dives into the computational details of how to automate trading strategies.

#2

The financial markets are a growing, powerful, and little-known industry. This book will help you understand the markets you cover and the techniques that built their power.

#3

The goal of this book is to present the essential concepts for quantitative fund management. We will assume that you want to manage a fund, and we will focus on stocks in the U. S. markets.

#4

Economies grow by applying accumulated capital, along with other resources, to produce increasing amounts of goods and services. Capital is accumulated from the savings of households when they do not consume all of their income. Savings are invested in financial instruments if they can offer an attractive return.

#5

Mutual funds are restricted to investing pursuant to their charter, which is outlined to prospective investors in a prospectus. Most funds aspire to be fully invested most of the time. The first hedge fund, created by ex-journalist Albert Winslow Jones in 1949, specifically undertook a more flexible investing style.

#6

Hedge funds are very lightly regulated. They are prohibited from advertising, and in America, they must be accredited with levels of assets that put them in the upper few percent of American households.

#7

There are many ways to categorize strategies: Equity, Arbitrage, Momentum, and Event-driven. The investing industry is young and constantly changing, and so there is intense competition to identify opportunities for likely profit.

#8

Hedge funds are barred from advertising, making it difficult for clients to find them. Clients are increasingly turning to funds of hedge funds, which add their own fees on top of the fees charged by hedge funds themselves.

#9

Mutual funds charge a expense ratio that is measured as a percentage of assets under management.