Quantitative Hedge Funds: Discretionary, Systematic, Ai, Esg And Quantamental

This book provides insights into the secretive club of modern hedge funds, covering investment techniques, strategies, and technologies, including discretionary and computer-driven approaches, AI-based investing, and quantamental investing using alternative data. It also discusses ESG investing and the use of big data in the investment process.

Format: Paperback / softback
Length: 288 pages
Publication date: 25 October 2022
Publisher: World Scientific Europe Ltd

Welcome to the enigmatic realm of contemporary hedge funds, where influential figures in the world of investing and capital markets have collectively invested close to $4 trillion globally. If you are captivated by the intricacies of hedge funds, investment strategies, and technologies employed to generate investment alpha, this book is tailored to your interests. With a focus on the author's three decades of trading expertise at renowned banks and hedge funds, it delves into both discretionary and computer-driven approaches, offering insights into AI-based and quantitative investing utilizing new alternative data. No prior mathematical knowledge is necessary, as the relevant algorithms are provided in the appendices.

Discretionary investing encompasses equity and credit investing across the corporate capital structure. Through the active trading of equities, bonds, and loans, event-driven trades can seize profitable special situations and relative value opportunities. Systematic trading involves computer-driven strategies derived from rigorous scientific and statistical analysis of liquid markets. The investment strategies of both commodity trading advisors (CTAs) and long/short equity funds are explored in depth, encompassing trend-following and factor-based approaches.

While AI investing has gained popularity, it is crucial to examine whether the reality for hedge funds aligns with the AI hype prevalent in other non-financial domains. AI, employing neural networks and other machine learning techniques, is outlined, along with their practical applications in the realm of investing.

Quantitative Hedge Funds also delves into environmental, social, and governance (ESG) investing, which has rapidly emerged as a response to global challenges such as climate change, pollution, and unethical labor practices. ESG investing has gained significant traction among both public and institutional investors, seeking sustainable and socially responsible investment solutions.

In conclusion, this book offers a comprehensive exploration of the world of contemporary hedge funds, providing valuable insights into investment strategies, technologies, and the evolving landscape of ESG investing. Whether you are an experienced investor or a novice seeking to expand your knowledge, this book is a valuable resource for navigating the complex and dynamic world of hedge funds.

Weight: 430g
Dimension: 152 x 228 x 20 (mm)
ISBN-13: 9781800612372