This class exists in these courses :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS

Prerequisites

Financial Markets
Portfolio Management and Analysis

Learning outcomes

At the end of the course, the student shuld be able to :
Understand the alternative ways to manage investment funds
Know how hedge funds work : what benefits and what risks ?
Know how to assess risks in hedge funds and other alternative investments
Know what to take care of when selecting investment funds

Course description

How to manage funds : investment objective, management style, asset allocation and macro economy, bond and stock picking.
The alternative fund management business
Hedge funds : benefits and risks
Hedge fund strategies in details
Risk : how to assess them, how to measure them, how to manage them, how to control them
Famous hedge funds blow-ups
How to select investment funds
Fund of funds portfolio construction

Class type

Class structure

Teaching methods

• Interactive class

Assessment

Students will have to be able to describe in writing the main concepts taught during the course, and to pass a quiz.

Recommended reading

• Hedge Fund Alpha: A Framework for Generating and Understanding Investment Performance, John. M. Longo, Ed., March 2009 -

• Handbook of Hedge Funds, François-Serge L'Habitant, February 2007 -

• Intelligent Hedge Fund Investing, Barry Schachter, 2004 -