Hedge Funds Overview
Training
Inhouse
Description
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Type
Training
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Methodology
Inhouse
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Duration
1 Day
To provide a good overview of Hedge Funds assuming no prior knowledge. Suitable for: Fund Managers. Fund Administration Staff. Marketing and Sales Managers and IFAs. Private Bankers. Custodians and Depositaries. Prime Brokers. Lawyers and Accountants (CPD credit). Compliance Officers
Reviews
Subjects
- IT risk
- Risk
- Credit
- Sales
- Market Risk
- Financial Training
- Financial Risk
- Risk Management
- Financial
- Hedge Fund
Course programme
Hedge Funds Overview Training Course
Content Introduction
Hedge Funds defined. Lock-ups, Gates, Hurdle Rates.
The pursuit of Absolute Return & Performance Fees. So what happened in 2008?
How large is the Hedge Fund Universe? Lesson from 2008: Smaller than it was.
Where are they? Domicile, Onshore vs Offshore.
Asset Class performance or Manager value-added? The search for Alpha
Hedge Fund Tactics, Counter-Parties & Competition
Tactics-Leverage and Short Selling. Lesson from 2008: Regulatory intervention.
Where is the competition? The reaction from the traditional Fund Managers.
External Relationships- Prime Brokerage, Custodians, Fund Administrators
Lesson from 2008: Counterparty Risk
Issues for Hedge Fund Investors
Rationale for Hedge Funds in an Investors' Portfolio. Is it still there?
The non-correlated Asset Class, Survivorship Bias, Drawdown.
Lesson from 2008: HNWIs leaving the ship, Institutions more cautious
Lesson from 2008: Liquidity mismatch
Leverage, Risk and Transparency.
Risk-adjusted performance measurement.
Institutionalisation of Hedge Funds, Index Providers - Benchmark Risk
Risk Management for Hedge Funds
Market, leverage and Credit risk.
Political and legal risk
Gap and liquidity risk, Mark-to-market risk,.
Why do Hedge Funds Fail? Do not forget Operational Risk
Due Dilligence. Lesson from 2008: The Madoff affair.
Tools for the Analysis of Financial Risk- from VaR to Stress Testing.
The Regulator's Standpoint
Additional information
Hedge Funds Overview