NBA 5450 - The Search for Alpha

Fall. 1 credit.

R. Marin.

This course will focus on the fundamental trends under way in the asset management industry. While it will start with an overview of the investment management industry, it will move quickly toward a review of the more recent growth in hedge funds. Given the attention that the investment management industry (not to mention the world at large) has put on hedge funds and the relatively unregulated and secretive nature of the breed, the course will seek to answer the question of what exactly is going on in the industry and where it is going. The intention will be to give students an overview of the hedge fund space from the perspective of what comprises it, who the participants are (managers, investors, support areas, and intermediaries), how hedge funds are assessed and measured both individually and in portfolio, how investors access hedge funds, and what major issues face the industry.