JOHN B. ABBINK has twenty-nine years' experience in investment firms, including Merrill Lynch, Credit Suisse, and Deutsche Bank, and was formerly a senior vice president and director of manager research at National City Corporation. Abbink received his BA from Michigan State University and his PhD from Yale University.
List of Illustrations.
What Is Alternative about Alternative Investments?
The Plan of This Book.
PART ONE: ANALYTIC TOOLS.
1 Risk and Return.
2 Return Enhancement.
3 Some Features of the Quantitative Toolkit.
4 Risk Estimation.
PART TWO: SOME EXAMPLES.
5 Long/Short Equity.
6 Direct Lending.
7 Merger Arbitrage.
8 High-Frequency Trading.
9 Holding Private Assets for Their Cash Flows.
10 Fixed-Income Arbitrage.
11 Event-Driven Investment.
PART THREE: POSITION MANAGEMENT.
12 Investment Strategies in Practice.
14 Trade Capacity.
15 Institutional Liquidity.
16 Tactical Allocation.
17 Portfolio Liquidity.
18 Alternative Investments and Information Theory.
PART FOUR: PORTFOLIO CONSTRUCTION.
19 Classification of Investments.
20 Diversification among Strategies.
21 Multi-Dimensional Risk.
22 Filling Out the Allocation.
23 Time and Tide.
24 Managing the Allocation Decision.
25 Concluding Remarks.