Modelling the inherent risk of a hedge fund investment has been a widely debated topic in the financial community over the past decade. There are both practical and theoretical obstacles to porting the tools and techniques used in the analysis of more traditional investment vehicles such as mutual funds. Traditional investments are typically benchmarked against an index and are comprised of vanilla positions such as stocks and bonds. On the other hand, hedge funds are focused on absolute returns
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Quant Finance Master’s Guide 2019
- Princeton tops inaugural Risk.net quant master’s ranking
- Credit risk quants are hitting the tech gap
- Does credit risk need an expected shortfall-style revamp?