Hedge Funds Programme
Programme overview
Advanced knowledge of the latest research issues
The Hedge Funds Programme seeks to explain why hedge funds have been so attractive in recent years and contemplates whether this performance is sustainable.
Beginning with an overview of the hedge fund industry, it reviews the various hedge fund investment models in existence. Advances in research are introduced to establish a comprehensive framework that encompasses a wide range of hedge fund strategies.
This framework is then used to demonstrate how hedge fund investment models differ from those of mutual funds and how alphas can be measured. The programme draws on the research work carried out at the BNP Paribas Hedge Fund Centre.
Co-sponsored by CFA Institute
The programme is both academically rigorous and aligned with professional practice. CFA Institute members who complete the programme will obtain 24 continuing professional development credit hours.
The Hedge Funds Programme takes place at London Business School on:
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More information
- Download the Hedge Funds brochure (902 KB)
Alpha, New Money Flows and Capacity Constraints
This article by Naryan Naik, Professor of Finance and Director of the BNP Paribas Hedge Fund Centre, describes the questions asked and some of the results obtained in a recent working paper "Hedge Funds: Performance, Risk and Capital Formation". Professor Naik also speculates on how the hedge fund industry might evolve.
