Hedge Funds Humbled

The fall and rise of a trillion-dollar industry

Among the crown jewels of the investment world, hedge funds lost more than $600 billion in 2008. Still, says industry insider Trevor Ganshaw, a partner at a multi-strategy hedge fund, these investments continue to offer terrific investing opportunities.

Hedge Funds Humbled explores the seven mistakes that brought hedge funds to their knees— including excessive leverage, poor risk management, illiquid investments, and fraud. It then offers an outlook on the future of the hedge fund industry and the opportunities it still has to offer. Hedge Funds Humbled explains:

• How The hedge fund industry operates

• Why it was nearly destroyed almost overnight

• What potential investors should look for to make profits— and avoid disaster

Ganshaw offers invaluable advice on how to spot the good funds and identify those with high fraud potential. He argues that as the hedge fund herd thins out, quality investment opportunities will increase, and we will see much-needed improvements in risk management and fund governance.

Relating one of the most dramatic financial stories in recent history, Hedge Funds Humbled is an eye-opening look at an industry that may have yet to reveal its true potential.