as a relative novice to hedge funds and having most of my career worked in the long only or quasi-long only world, when i joined newsmith that has four full blown equity long-short funds and piepline plans for more i needed to gem up on my knowledge. with trepdidation i picked up Daniels tome and instantly found it an excellent and rewarding read
a must have guide to the industry with lots of great facts that i can use in my daily job and already have
It is good to find an updated book on this topic that covers the whole industry and that presents each strategy with practical examples. The fact that these examples come from portfolio managers is a real plus. The quantitative analysis is also pretty complete. A must read for people interested in this topic.
If you want to study, to invest or to work in the Hedge Fund Industry, this book has to be bought. It is a clearly structured and easy to use guide with numerous examples which gives you the relevant information that you need. I warmly recommend it. Arnaud VW
Just bought this book because a French speaking friend read another book from the same author and I have been very positively impressed by it. There is so much information and everything is up to date. I fully recommend it. Vins