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Testing a manager’s investment edge
An investment edge is an explanation of why a process could earn returns after costs. It needs evidence, boundaries and a reason it might persist.
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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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Investment diligence · All lessons
Manager Due Diligence
Evaluate investment discipline, operations, valuation and governance.