{"product_id":"reconsidering-funds-of-hedge-funds-the-financial-crisis-and-best-practices-in-ucits-tail-risk-performance-and-due-diligence-hardback-9780124016996","title":"Reconsidering Funds of Hedge Funds; The Financial Crisis and Best Practices in UCITS, Tail Risk, Performance, and Due Diligence (Hardback) 9780124016996","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eReconsidering Funds of Hedge Funds\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Financial Crisis and Best Practices in UCITS, Tail Risk, Performance, and Due Diligence\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e\u003cp\u003eThe only Funds of Hedge Funds handbook that addresses UCITS, due diligence, risk management, and tail risk for finance researchers and professionals\u003c\/p\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eGreg N. Gregoriou (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780124016996\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 2 March 2013\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e592 pages\u003cbr\u003e23.4 x 19 x 3.3 cm, 1.39 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"International contributors include 22 academics in finance, business, and research analysis, and 16 hedge fund professionals. They examine issues related to the institutional framework of a special type of FOHF called undertakings for collective investments in transferable securities (UCITS) FOHFs, which were developed in response to calls for operational due diligence and improved transparency in the financial industry.\" \u003cb\u003e--Reference and Research Book News, December 2013\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Hedge funds are now more than ever in the focus of many public debates and they are discussed by academics and practitioners as well. So the time for treating the diverse aspects of hedge funds in a book could not even be better. The book at hand by Greg N. Gregoriou will surely be a very valuable and readable contribution in this context as it covers the complete, difficult matter in its manyfold chapters and through the high expertise of the authors.\" \u003cb\u003e--Carsten S. Wehn, DekaBank, Germany\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"The 2007-9 Financial Markets Crisis also created a crisis for the fund of hedge funds industry.  After the Crisis, basics such as liquidity, transparency, alpha generation, and understanding business risks gained renewed importance.  Solutions to these criteria such as UCITS, managed accounts, and closer management of fund asset and liability risks became central to many fund of hedge funds.  Additionally, leading fund of hedge funds now focus less on 'one size fits all' solutions and more on bespoke client portfolio solutions.  The articles in \u003ci\u003eReconsidering Funds of Hedge Funds\u003c\/i\u003e try to grapple with these industry changes and show a variety of different responses to the new environment.  Fund of hedge fund investors will find this book and important update on an industry in transition.\"\u003cb\u003e --James Purnell, Kenmar, USA\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"We have witnessed tremendous growth in the intermediation in the hedge fund industry in the form of funds of hedge funds. However, there is still limited understanding about the risks and rewards as well as regulation of these intermediaries especially in light of the recent financial crisis. This book is a great collection of research articles that will improve the understanding of anyone interested in funds of hedge funds.\" \u003cb\u003e--Vikas Agarwal, Georgia State University\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"If your investment in fund of hedge funds suffered from the 2007-09 financial crisis, this book is the first to provide you with valuable insights into the measurement and effective management of various types of risk. It is the major resource for scholars and professionals interested in state-of-the-art approaches on operational due diligence and risk management.\" \u003cb\u003e--Roland Füss, University of St.Gallen\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eApprox.548 pages\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eChapter 1 After the Crisis: The Withering of the Funds of Hedge Funds Business?  \u003c\/b\u003e\u003ci\u003eR. McFall Lamm, Jr.\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eSection 1: DUE DILIGENCE AND RISK MANAGEMENT \u003c\/p\u003e \u003cp\u003eChapter 2 Evaluating Trends in Fund of Hedge Fund Operational Due Diligence  \u003ci\u003eJason Scharfman\u003c\/i\u003e\u003c\/p\u003e \u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 3 The Limits of UCITS for Fund of Hedge Funds  \u003ci\u003eJeannine Daniel and François-Serge Lhabitant\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 4 \u003cb\u003eDue Diligence: Lessons from the Global Financial Crisis for Funds of Hedge Funds with Particular Emphasis on the Asia Pacific Region  \u003c\/b\u003e\u003ci\u003eDavid Edmund Allen, Staley Roy Alford (Roy) Pearce and Robert John Powell\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e\u003c\/b\u003e \u003cp\u003e\u003cb\u003eChapter 5  The Use of Managed Accounts by Fund of Hedge Funds  \u003c\/b\u003e\u003ci\u003eMarcus Müller and Daniel Dietrich\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 6  Choice of Risk Measure in Evaluating UCITS Funds of Hedge Funds  \u003ci\u003eAlessandro Carretta and Gianluca Mattarocci\u003c\/i\u003e\u003c\/p\u003e \u003cb\u003e \u003c\/b\u003e\u003cp\u003eSection 2: UCITS PERFORMANCE \u003c\/p\u003e\n\u003ci\u003e \u003c\/i\u003e\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 7  UCITS Funds of Hedge funds - The New Panacea?  \u003ci\u003eLouis Zanolin\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 8  The Return Potential of UCITS Fund of Hedge Funds: An Analysis of their Investment Universe  \u003ci\u003eMarcus Storr, Thomas Maier, Florian Haberfelner and Iliya Kutsarov\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 9  How Geography, Flows and Size Affects the Risk-Adjusted Performance of UCITS III Fund of Hedge Funds  \u003ci\u003eGreg N. Gregoriou, Dieter Kaiser and Razvan Pascalau\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 10  Funds of Hedge Funds vs. Do-It-Yourself Funds of UCITS  \u003ci\u003eSamuel Sender\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eSection 3: PERFORMANCE \u003c\/p\u003e \u003cp\u003eChapter 11  Predicting Funds of Hedge Funds Attrition Through Performance Diagnostics  \u003ci\u003ePhilippe Cogneau, Philippe Debatty and Georges Hübner\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 12  Does Fund of Hedge Fund Size Matter? Size vs. Performance Before, During and After the Crisis  \u003ci\u003eJeannine Daniel and François-Serge Lhabitant\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 13  Normalized Risk-Adjusted Performance Measures Revisited: The Performance of FoHFs Before and After the Crisis  \u003ci\u003eLaurent Bodson, Laurent Cavenaile and Alain Coën\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 14  The Impact of the 2008 Financial Crisis on Fund of Hedge Funds  \u003ci\u003eNa Dai and Hany A. Shawky\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 15  Forecasting Funds of Hedge Funds Performance: A Markov Regime-Switching Approach  \u003ci\u003eSzabolcs Blazsek\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003e Chapter 16  A Panel Based Quantile Regression Analysis of Funds of Hedge Funds  \u003ci\u003eDavid Edmund Allen, Akhmad Kramadibrata\u003c\/i\u003e\u003cb\u003e, \u003c\/b\u003e\u003ci\u003eRobert John Powell and Abhay Kumar Singh \u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eSECTION 4: FUND OF HEDGE FUND ALPHA \u003c\/p\u003e \u003cp\u003eChapter 17  Reward-to-Risk Ratios of Funds of Hedge Funds   \u003ci\u003eYigit Atilgan, Turan G. Bali and K. Ozgur Demitras\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 18  The Short-Run Performance Persistence in Funds of Hedge Funds  \u003ci\u003eDavid Ardia and Kris Boudt\u003csup\u003e \u003c\/sup\u003e\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 19  \"Seeking Alpha\": The Performance of Funds of Hedge Funds  \u003ci\u003eRaphaële Chappe, Christian Proaño and Willi Semmler\u003c\/i\u003e\u003c\/p\u003e \u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 20  Quantitative Insight into Management of Funds of Hedge Funds and Consequences on Fund  Alpha Performance  \u003ci\u003eJustina Dambrauskaite, H. Haidar, Bernard Minsky and Qi Tang\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 21  Selecting Top Funds of Hedge Funds Based on Alpha and Other Performance Measures  \u003ci\u003eYing-Lin Hsu , Chung-Ming Kuan and Stéphane M. F. Yen \u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 22  Funds of Hedge Strategies and Implications for Asset Management: Is Diversification Enough?   \u003ci\u003eSimone Siragusa\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eSECTION 5: TAIL RISK \u003c\/p\u003e \u003cp\u003eChapter 23  The Intertemporal Relation between Tail Risk and Fund of Hedge Fund Returns  \u003ci\u003eYigit Atilgan, Turan G. Bali and K. Ozgur Demirtas\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 24  Tail Risk Protection for Funds of Hedge Funds  \u003ci\u003eOliver A. Schwindler\u003c\/i\u003e\u003c\/p\u003e \u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 25  Autocorrelation, Bias and Fat Tails: An Analysis of Funds of Hedge Funds  \u003ci\u003eMartin Eling\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 26  Crisis and Funds of Hedge Funds Tail Risk  \u003ci\u003eMonica Billio, Kaleab Mamo and Loriana Pelizzon\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 27  Funds of Hedge Funds, Efficient Portfolios, and Investor Clienteles: Empirical Evidence from Growth and Financial Crisis Periods  \u003ci\u003eWolfgang Bessler and Philipp Kurmann \u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eSection 6: REGULATION\u003c\/p\u003e \u003cp\u003eChapter 28  Regulation: Threat or Opportunity for the Fund of Hedge Fund Industry?  \u003ci\u003eSerge Darolles and Mathieu Vaissie \u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 29  Funds of Hedge Funds and the Principles of Fiduciary Investing Following the Global Financial Crisis  \u003ci\u003ePaul U. Ali\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 30  Understanding the Regulation Impact: US Fund of Hedge Funds after the Crisis  \u003ci\u003eDavid Edmund Allen, Robert John Powell and Abhay Kumar\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 31  Canada and Australia: Do They Provide a Regulatory Model for Funds of Hedge Funds?  \u003ci\u003eDavid Edmund Allen, Raymond Robert Boffey and Robert John Powell\u003c\/i\u003e\u003c\/p\u003e\n\u003cb\u003e \u003c\/b\u003e\u003cp\u003eChapter 32  South African Regulatory Reforms of Fund of Hedge Funds  \u003ci\u003eDavid Edmund Allen, Akhmad Kramadibrata, Robert John Powell and Abhay Kumar\u003c\/i\u003e\u003cb\u003e \u003c\/b\u003e\u003ci\u003eSingh \u003c\/i\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Investment \u0026amp; securities [\u003ca title=\"See our other books on Investment \u0026amp; securities\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Investment%20\u0026amp;%20securities%20%5BKFFM%5D%22\"\u003eKFFM\u003c\/a\u003e], Banking [\u003ca title=\"See our other books on Banking\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Banking%20%5BKFFK%5D%22\"\u003eKFFK\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Freshly Printed Books","offers":[{"title":"Default Title","offer_id":46649342296344,"sku":"9780124016996","price":81.49,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780124016996.jpg?v=1694099862","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/reconsidering-funds-of-hedge-funds-the-financial-crisis-and-best-practices-in-ucits-tail-risk-performance-and-due-diligence-hardback-9780124016996","provider":"Freshly Printed Books","version":"1.0","type":"link"}