Training - Hedge Funds - Fundamentals

How long does the training course last?

8,00 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

Who is organising this training course?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

What are the aims or the skills being targeted?

The objective of this module is to provide the participant with an introductory overview of hedge funds, their main strategies, risks and performance measures.

What does the training course cover?

Definitions and basic concepts
- History and definitions : origin, concept, structure & legal framework
- An asset class in its own right
- Impact of hedge funds on the financial markets
- Advantages and disadvantages
Main hedge funds strategies
- Convertible arbitrage, Merger arbitrage, Event driven, Distressed securities, Equity market neutral, Equity long short, Fixed-income arbitrage, Global macro, Managed futures
Risk and performance measures for hedge funds
- Basic concepts : risk, return, volatility and Net Asset Value
- Risk : 5 technical risk ratios
- …and their shortcomings
- Value at risk
- Benchmarking hedge funds
Case studies