Hedge Funds

The Hedge Funds session defines the portfolio role played by hedge funds, which offer higher long-term returns than investment-grade fixed income while diversifying the portfolio beyond equity and fixed income risks.

Learning Objectives:

• Explain accredited investors, qualified purchasers, and the private placement exemption available to funds offered only to these high-net-worth investors
• Differentiate between Event Driven, Relative Value, Hedged Equity, and Macro and Managed Futures Strategies
• Define convergent and divergent hedge fund strategies and explain their implications for portfolio risk