Hedge Fund Risk Transparency

Unravelling the Complex and Controversial Debate

Presents clear insight on why hedge fund transparency is an issue, as well as offers solutions
Includes 'perspectives' based on interviews with numerous eminent practitioners from both sides of the investor/hedge fund debate
Service providers including consultants, prime brokers, third party marketers, capital introducers, systems providers, lawyers and accountants, will additionally acquire an enhanced insight into the needs of both investors and hedge funds in order to tailor their services to the market needs
The press and the regulators can also achieve enhanced understanding of this complex and controversial subject
Written by the best-selling author and practitioner Leslie Rahl, who is the chair of the Investor Risk Committee of the IAFE Committee on Hedge Fund Transparency and is uniquely placed to advise on and explain the issues for all concerned participants

Section I: Introduction
- 1. What is Risk?
- 2. Types of Risk
- 3. Risk Transparency/Translucency
- 4. Risk Measurement
- 5. Risk Reporting
- 6. Hedge Fund Risk Systems
Section Ii: Who Invests in Hedge Funds?
- 1. Institutional Investors
- 2. Plan Sponsors
- 3. Endowments and Foundations
Section Iii: Fund of Funds
- 1. What is Fund of Funds?
Section Iv: Hedge Funds
- 1. An Overview of Hedge Funds
Section V: Digging into Various Hedge Fund Strategies
- 1. Convertible Arbitrage
- 2. Emerging markets
- 3. Long / Short Equity
- 4. Event-Driven
- 5. Fixed Income
- 6. Global Macro
- 7. Managed Futures
- 8. Market Neutral
- 9. Short Biased
Section Vi: Appendicies
- 1. Hedge Fund Disclosures for Institutional Investors
- 2. Sound Practices for Hedge Fund Managers
- 3. Due Diligence
- 4. Questionnaire for Due Diligence Review of Hedge Fund Managers
- 5. Risk Standards for Institutional Investment Managers and Institutional Investors - Risk Standards Working Group
- 6. Buy-Side Risk System Comparison Matrix
- 7. Glossary
- 8. Bibliography
Index