Hedge Funds - Online

Developing, offering, marketing and investing in hedge funds is one of the fastest growing and least understood sectors of the asset management industry. This course presents a comprehensive and accurate picture of the hedge fund industry, various hedge fund strategies, hedge funds operations, and considerations for hedge fund investors.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.

Available TodayOnlineUSD$399
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 8

Employees of funds, family offices, private client financial service providers, individual investors and others involved directly or indirectly in the development, offering, marketing and investing in hedge funds.
Students will be able to:
  • Specify the characteristics of a hedge fund
  • Contrast hedge funds and mutual funds
  • Understand common misconceptions about hedge funds
  • Understand the history of the hedge fund industry
  • Compare traits of alpha and edge as sources of return
  • Identify statistical measures that show hedge fund performance and risk profiles
  • Recall characteristics of leverage
  • Identify details of portfolio construction and management, including fees
  • Distinguish between directional and arbitrage strategies.
  • Identify key traits of the most common hedge fund strategies.
  • Identify the traits and experience of a good hedge fund manager.
  • Identify characteristics of hedge fund investors.
  • Characterize elements of portfolio construction.
  • Recall the due diligence process.
  • Recognize the importance of portfolio monitoring.
  • Recognize key aspects of the professional management of hedge fund portfolios.
None
  • Mutual Funds - Online
    • The industry
    • Characteristics that define hedge funds
    • Popular misconceptions
    • History
    • Size and growth
    • Legal structures
    • Industry players

    How a hedge fund works

    • Sources of return
    • Statistical measures
    • Management and incentive fees
    • Leverage
    • Portfolio construction
    • Risk management techniques

    Hedge fund strategies

    • Long/short equity
    • Global macro
    • Event-driven
    • Emerging markets
    • Equity market/neutral
    • Convertible bond arbitrage
    • Dedicated short bias
    • Managed futures
    • Fixed income arbitrage

    Investing in hedge funds

    • Due diligence
    • Constructing a hedge fund portfolio
    • Risk management strategies
    • Transparency issues
    • Liquidity issues
    • Client suitability
    • Sources of information on hedge funds
    • Fund-of-funds