Hedge Funds - Fundamentals - lifelong-learning.lu

Who is the training for?

All public

Duration

8,00 hours(s)

Language(s) of service

Next session

Goals

The objective of this module is to provide the participantwith an introductory overview of hedge funds, their mainstrategies and risk and performance measures.

Definitions and basic concepts
- History and definitions: origin, concept, structure &legal framework
- An asset class in its own right
- Impact of hedge funds on the financial markets
- Advantages and disadvantages
Main hedge funds strategies
- Convertible arbitrage, Merger Arbitrage, Event driven, Distressed securities, Equity market neutral, Equity long short, Fixed-income arbitrage, Global macro, Managed futures
Risk and performance measures for hedge funds
Basic concepts: risk, return, volatility and Net Asset Value
Risk: 5 technical risk ratios
…and their shortcomings
Value at risk
Benchmarking hedge funds
Case studies