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Alternative Market Briefing

Frank Travers lays out method for young and old hedge fund analysts

Monday, November 26, 2012

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Frank Travers
Benedicte Gravrand, Opalesque Geneva:

Those in the job of hedge fund selection must have at one time or another felt overwhelmed by the sheer number of funds out there. There are indeed between 8,000 and 10,000 to sift through – although of course, they don’t all run the same strategy. Those who screen, hire, fire, evaluate, assess, interview and analyse managers and their funds must bring structure and focus to this arduous task if they want to make it easy on themselves. This is where knowledge and method are the best and the most necessary tools to possess.

One book that aims to supply just that is Frank Travers’ newly published (Wiley) book called Hedge Fund Analysis – An In-Depth Guide to Evaluating Return Potential and Assessing Risks . As the title suggests, it is a no non-sense guide to the exercise of selecting hedge funds, that uses a sober and methodical language – among the few whimsical items are the fictional hedge fund organisation (FCM) and some dry quips.

A former portfolio manager at Larch Lane Advisors, a fund of hedge funds and seeding firm with offices in New York, Frank J. Travers, CFA, has been analysing hedge funds and other strategies for more than twenty years. He did write a book on portfolio manageme......................

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