This brief handbook offers a concise, highly readable introduction to the controversial subject of hedge funds. Philip Coggan demystifies these complex, generally unregulated investment vehicles. He identifies the major hedge-fund investment styles, lists some of the most important hedge funds and explains how they work. He elucidates some of the darker corners of the hedge-fund world, providing one of the most comprehensible accounts yet written of its risks and regulatory challenges. getAbstract recommends this book to readers who have a basic acquaintance with the language and concepts of finance and investment, and who seek an unbiased, objective introduction to hedge funds.
In this summary, you will learn
- What hedge funds are;
- How hedge funds work; and
- What major financial and regulatory concerns hedge funds provoke.
About the Author
Philip Coggan writes the “Buttonwood” column for The Economist, where he is also capital-markets editor.