Quantitative Hedge Funds: Discretionary, Systematic, Ai, Esg And Quantamental

This book provides insights into the secretive club of modern hedge funds, covering investment techniques, strategies, and technologies, including discretionary and computer-driven approaches, AI-based investing, and quantamental investing using alternative data. It also discusses ESG investing and the use of big data in the investment process.

Format: Hardback
Length: 288 pages
Publication date: 04 November 2022
Publisher: World Scientific Europe Ltd

Welcome to the enigmatic realm of modern hedge funds, where influential figures in the world of investing and capital markets have collectively invested close to $4 trillion globally. If you are captivated by the intricacies of hedge funds, investment strategies, and technologies they employ to generate investment alpha, this book is tailored to your interests. With a focus on the author's three decades of trading expertise at renowned banks and hedge funds, it delves into both discretionary and computer-driven approaches, offering insights into AI-based and quantitative investing utilizing new alternative data. No prior mathematical knowledge is necessary, as the relevant algorithms are detailed in the appendices.

Discretionary investing encompasses equity and credit investing across the corporate capital structure. Through the active trading of equities, bonds, and loans, event-driven trades can seize profitable special situations and relative value opportunities. Systematic trading involves computer-driven strategies derived from rigorous scientific and statistical analysis of liquid markets. The investment strategies of both commodity trading advisors (CTAs) and long/short equity funds are explored, ranging from trend-following to factor-based approaches.

AI investing has gained popularity, but does the reality for hedge funds align with the AI hype prevalent in other non-financial domains? This book outlines AI using neural nets and other machine learning techniques, along with their practical applications in the realm of investing.

Quantitative Hedge Funds also delves into environmental, social, and governance (ESG) investing, which has rapidly emerged as a response to global challenges such as climate change, pollution, and unethical labor practices. ESG investing has gained significant traction among public and institutional investors, seeking sustainable and socially responsible investment solutions.

In conclusion, this book offers a comprehensive exploration of the world of modern hedge funds, providing valuable insights into investment strategies, technologies, and the evolving landscape of ESG investing. Whether you are an experienced investor or a novice seeking to expand your knowledge, this book is a valuable resource for anyone interested in the dynamic and ever-evolving world of hedge funds.

ISBN-13: 9781800612167