Hedged mutual funds proliferated following the 2007-2009 financial crisis. They became particularly popular with financial advisors because of their alleged downside protection. Did these funds deliver what they promised? We examine the performance of these funds with a focus on the post-2009...

"CAIA Association has developed two examinations that are used to certify Chartered Alternative Investment Analysts. The Level I curriculum builds a foundation in both traditional and alternative investment markets--for example, the range of statistics that are used to define investment...

Intro -- Alternative Investments -- Contents -- Preface -- Acknowledgments -- About the Authors -- PART 1 Asset Allocation and Institutional Investors -- 1 Asset Allocation Processes and the Mean-Variance Model -- 1.1 Importance of Asset Allocation -- 1.2 The Five Steps of the Asset Allocation...

Intro -- Alternative Investments -- Contents -- Preface -- Foundation -- Benefits -- The CAIA Programs and the CAIA Alternative Investment Analyst Series -- Acknowledgments -- About the Authors -- PART 1 Introduction to Alternative Investments -- CHAPTER 1 What Is an Alternative Investment? --...