Study Session 18
Reading 58 – Introduction to Alternative Investments
– LOS 58a: compare alternative investments with traditional investments
– LOS 58b: describe categories of alternative investments
– LOS 58c: describe potential benefits of alternative investments in the context of portfolio management
– LOS 58d: describe hedge funds, private equity, real estate, commodities, infrastructure, and other alternative investments, including, as applicable, strategies, subcategories, potential benefits and risks, fee structures, and due diligence
– LOS 58e: describe, calculate, and interpret management and incentive fees and net-of-fees returns to hedge funds
– LOS 58f: describe issues in valuing and calculating returns on hedge funds, private equity, real estate, commodities, and infrastructure
– LOS 58g: describe risk management of alternative investments