Educational Series Ubs Hedge Funds

Only available on StudyMode
  • Download(s) : 70
  • Published : March 12, 2013
Open Document
Text Preview


UBS Alternative Investments

February 2011

Hedge Fund Education Series
This publication is a compendium of all previously published reports in the series.

Part 1 What are Hedge Funds? Part 2 Inside the Black Box Part 3 Asset Characteristics of Hedge Funds Part 4 Important Hedge Fund Strategies Part 5 Implementing a Hedge Fund Portfolio Please click the links above to jump directly to a section.

UBS Financial Services Inc. (UBS FS) is pleased to provide you with information about alternative investments. There are a few points we would like to raise with you at the outset. This article is for educational and informational purposes only. It does not constitute investment advice. Among other things, it does not take into account your personal financial situation, or your investment goals or strategies. You should not construe any information provided here to be an investment recommendation for you to follow. You should contact your Financial Advisor for information or recommendations that may be useful specifically to you. Although all information and opinions expressed in this document were obtained from sources believed to be reliable and in good faith, no representation or warranty, express or implied, is made as to its accuracy or completeness, and it may not be relied upon as such. Any opinions expressed or information provided in this document is subject to change without notice, and UBS FS has no obligation to update such opinion or information.

UBS 2011. UBS Financial Services Inc., a subsidiary of UBS AG.

1



UBS Alternative Investments

7 January 2011

Hedge Fund Education Series

Part 1: What are Hedge Funds?
Reports in this series

Report Highlights Part 1: What are hedge funds? Industry size Industry consolidation Heterogeneity in trading strategies Hedge funds compared to mutual funds Alternative mutual funds Industry regulation Investor suitability Fee structure Hedge fund flexibility comes at a cost Liquidity constraints and costs Investor reporting Conclusion

Page 3 4 5 6 7 8 8 9 10 10 11 11

This primer is designed to assist investors in furthering their understanding of the hedge fund space. It explains the basics of hedge funds, introduces concepts of credit and market risk arbitrage, explains popular trading strategies and provides examples of arbitrage trades in an easy to understand form. The primer series also explains hedge funds' asset characteristics and provides insights into the manner in which they may be included in investor portfolios. It is intended to serve as an investor's quick guide to hedge fund investing. The alternative investment universe consists of investments outside of publicly traded debt, equity, and real estate. It includes investments ranging from hedge funds and managed futures to venture capital, private placements, private equity LBO funds, natural resource partnerships, private real estate and commodity investments.

UBS Financial Services Inc. (UBS FS) is pleased to provide you with information about alternative investments. There are a few points we would like to raise with you at the outset. This article is for educational and informational purposes only. It does not constitute investment advice. Among other things, it does not take into account your personal financial situation, or your investment goals or strategies. You should not construe any information provided here to be an investment recommendation for you to follow. You should contact your Financial Advisor for information or recommendations that may be useful specifically to you. Although all information and opinions expressed in this document were obtained from sources believed to be reliable and in good faith, no representation or warranty, express or implied, is made as to its accuracy or completeness, and it may not be relied upon as such. Any opinions expressed or information provided in this document is subject to change without notice, and UBS FS has no...
tracking img