Hedge Fund Course (Wiley Finance) by Stuart A. McCrary

Product Description

A self-study course that reviews the technical and quantitative knowledge necessary to properly manage a hedge fund
Today, traditional asset managers are looking to develop their own hedge funds as alternative offerings to their clients. Hedge Fund Course presents all the technical and quantitative knowledge necessary to run a leveraged investment company, and complements the less-technical information presented in the popular, How to Create and Manage a Hedge Fund (0-471-22488-X). Filled with in-depth insight and expert advice, this book represents an executive-level educational program for money managers exploring the launch of alternative investment strategies or entering the hedge fund industry for the first time.
Stuart A. McCrary (Winnetka, IL) is a partner with Chicago Partners LLC and specializes in options, mortgage-backed securities, derivatives, and hedge funds. As president of Frontier Asset Management, McCrary managed and ran his own hedge fund before joining Chicago Partners. He received his BA and MBA from Northwestern University.
Product Details
Amazon Sales Rank: #324110 in Books
Published on: 2004-12-17
Number of items: 1
Binding: Paperback
285 pages
Editorial Reviews

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A self-study course that reviews the technical and quantitative knowledge necessary to properly manage a hedge fund Today, traditional asset managers are looking to develop their own hedge funds as alternative offerings to their clients. Hedge Fund Course presents all the technical and quantitative knowledge necessary to run a leveraged investment company, and complements the less-technical information presented in the popular, How to Create and Manage a Hedge Fund (0-471-22488-X). Filled with in-depth insight and expert advice, this book represents an executive-level educational program for money managers exploring the launch of alternative investment strategies or entering the hedge fund industry for the first time. Stuart A. McCrary (Winnetka, IL) is a partner with Chicago Partners LLC and specializes in options, mortgage-backed securities, derivatives, and hedge funds. As president of Frontier Asset Management, McCrary managed and ran his own hedge fund before joining Chicago Partners. He received his BA and MBA from Northwestern University.

From the Back Cover
To be successful in the hedge fund business, financial professionals must understand every aspect of this dynamic investment vehicle. With Hedge Fund Course as your guide, you'll become familiar with the different aspects of hedge funds and discover how to achieve success in this field.

Hedge Fund Course presents all the technical and quantitative knowledge necessary to understand hedge funds, and complements the less-technical information presented in the popular How to Create and Manage a Hedge Fund—also written by Stuart McCrary. This self-study guide is designed to let you quickly learn as much as you require. Short chapters describe the essential facts on a particular hedge fund topic, and the question-and-answer section that accompanies each chapter allows you to delve deeper into the topics reviewed in the text. After a brief introduction, Hedge Fund Course gets down to business, with discussions of:
Different types of hedge funds and hedge fund investors
Hedge fund investment techniques
Hedge fund business models
Measuring the performance of hedge funds
Legislation and regulation of hedge funds
Accounting and taxation aspects of hedge funds
Risk management and hedge funds

Whether you're in the hedge fund business, have hedge fund clients, or invest in hedge funds, Hedge Fund Course can help you refine and develop your knowledge of this field.

About the Author
STUART A. McCRARY is a principal with Chicago Partners, LLC, and specializes in options, mortgage-backed securities, derivatives, and hedge funds. As president of Frontier Asset Management, McCrary managed and ran his own hedge fund before joining Chicago Partners. He has also worked as a senior options trader at Fenchurch Capital Management, as vice president in the mortgage department and in proprietary trading at First Boston Corporation, and as a portfolio manager with Comerica Bank. He has taught graduate-level courses in creating and managing a hedge fund at the Kellstadt Graduate School of Business at DePaul University; courses in options and financial engineering at the Stuart School of Business at the Illinois Institute of Technology; and accounting at Northwestern University's Master in Product Development program. McCrary is also the author of How to Create and Manage a Hedge Fund, also published by Wiley. He received his BA and MBA from Northwestern University.
Customer Reviews

good, but not well written
This book is more quantitative than the author's other book, but it is still very basic. The author is also a little redundant in his writing. He spends a lot of time talking about the different types of funds available, but not actually giving that much insight into how they are run.

This is a good book for someone like myself that has very little prior knowledge about hedge funds, although it could have been written better. There are many misprints, yet the organization is good.

The most rewarding parts of the book are the questions at the end of each chapter. The answers are provided at the end of the book and many of the Q & A's give you more insight into hedge funds than the actual body. This is a good book for someone with no knowledge of hedge funds but would be too simplistic for someone that has already has knowledge of them.