tailieunhanh - Commodity Trading Advisors: Risk, Performance Analysis, and Selection Chapter 1

CHAPTER 1 Managed Futures and Hedge Funds: A Match Made in Heaven. In this chapter we study the possible role of managed futures in portfolios of stocks, bonds, and hedge funds. We find that allocating to managed futures allows investors to achieve a very substantial degree of overall risk reduction at, in terms of expected return, relatively limited costs. | Risk Performance Analysis and Selection GREG X. GREGORICH VASSII IOS N. KARAVAS I RAXCOIS-SI RGE EABRICE ROL AH Advisors John Wiley Sons Founded in 1807 John Wiley Sons is the oldest independent publishing company in the United States. With offices in North America Europe Australia and Asia Wiley is globally committed to developing and marketing print and electronic products and services for our customers professional and personal knowledge and understanding. The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-commerce risk management financial engineering valuation and financial instrument analysis as well as much more. For a list of available titles visit our web site at .