by PeterTemple (Author)
Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all. Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments. This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.
Format: Hardcover
Pages: 280
Edition: 1
Publisher: John Wiley and Sons Ltd
Published: 27 Feb 2001
ISBN 10: 0471899739
ISBN 13: 9780471899730
a good introduction to the world of alternative investments.
(Portfolio International, April 2001)
Peter Temple's book is a good starting point. Read it before you open that next tempting new prospectus from the glitzy investment bank.
(The Independent, 2nd May 2001)
a wonderful book.
(Personal Finance, September 2001)