Pt. 1. The components of risk -- 1. Volatility -- 2. Diversification -- 3. Leverage -- 4. Illiquidity -- Pt. 2. Market risk management -- 5. Measuring risk -- 6. Understanding the source of risk -- 7. Risk visualization and articulation -- 8. Risk culture -- Pt. 3. Other risk processes -- 9. Non-market risk management -- 10. Constructing a fund -- 11. Performance attribution -- 12. Risk budgeting -- Pt. 4. Risk from the investor's viewpoint -- 13. Nav/return reporting -- 14. Constructing a portfolio of funds -- 15. Risk due diligence -- 16. Transparency -- Pt. 5. The solution -- 17. Industry standard solution -- 18. The risk fundamentals solution -- 19. Summary
Summary
"Richard Horwitz lays out the key components and the cutting-edge processes in the field of hedge fund risk management today. Against that backdrop he presents a utility destined to set the standard for transparency and risk management within the hedge fund universe."--BOOK JACKET
