Intermediate
Market neutrality and hidden factor exposure
Equal dollar amounts on the long and short sides do not guarantee equal risk. Market neutrality is a target that must be defined and tested.
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Hedge Funds Investment Guide
Understand hedge fund structures, investigate strategies and fees, and build a disciplined manager research process. Follow eight stages from investor access and portfolio mechanics to due diligence and ongoing review.
Start with What a hedge fund is and what it is not, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
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Factor risk · All lessons
Equity and Event Strategies
Explore long and short portfolios, corporate events and their sources of risk.