{"product_id":"alternative-investments-caia-level-i-hardcover","title":"Alternative Investments: Caia Level I - Hardcover","description":"\u003cp\u003eby \u003cb\u003eDonald R. Chambers\u003c\/b\u003e (Author), \u003cb\u003eMark J. P. Anson\u003c\/b\u003e (Author), \u003cb\u003eKeith H. Black\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003eAlternative Investments: CAIA Level I\u003c\/i\u003e, \u003ci\u003e4th Edition\u003c\/i\u003e is the curriculum book for the Chartered Alternative Investment Analyst (CAIA) Level I professional examination. Covering the fundamentals of the alternative investment space, this book helps you build a foundation in alternative investment markets. You'll look closely at the different types of hedge fund strategies and the range of statistics used to define investment performance as you gain a deep familiarity with alternative investment terms and develop the computational ability to solve investment problems. From strategy characteristics to portfolio management strategies, this book contains the core material you will need to succeed on the CAIA Level I exam. This updated fourth edition tracks to the latest version of the exam and is accompanied by the following ancillaries: a workbook, study guide, learning objectives, and an ethics handbook.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSuccess in the rapidly-evolving area of alternative investments depends on a firm understanding of the concepts, tools, and practices associated with it, as well as an unwavering dedication to professionalism. \u003ci\u003eAlternative Investments: CAIA Level I, Fourth Edition\u003c\/i\u003e provides a comprehensive introduction to institutional-quality alternative investments and has been designed to serve as a resource for professionals, a textbook for university courses, and as the primary component for Level I of the Charter Program of the Chartered Alternative Investment Analyst (CAIA) Association. \u003c\/p\u003e\u003cp\u003eCAIA Association's Charter Program addresses the essential needs for professionals entering or advancing in the field of alternative investments. The CAIA Charter is the \u003ci\u003epremier\u003c\/i\u003e educational designation uniquely tailored to individuals specializing in institutional-quality alternative investments. Covering real assets, hedge funds and managed futures, private equity and private credit, as well as structured products and professional standards and ethics, the CAIA Charter demonstrates one's commitment to professionalism and command of the unique elements of these asset classes. \u003c\/p\u003e\u003cp\u003eThe CAIA Program is comprised of a two-tier exam process (Level I and Level II) through which Candidates may earn the CAIA Charter. The Level I exam assesses understanding of various alternative classes and knowledge of the tools and techniques used to evaluate the risk-return attributes of each one. \u003c\/p\u003e\u003cp\u003eWritten under the direction of the CAIA Association, with insights from many practicing and eminent professionals in this field, \u003ci\u003eAlternative Investments: CAIA Level I\u003c\/i\u003e best reflects the most current practices in the arena. It contains material on alternative investments that Level I Candidates need to know as they prepare for the exam. With coverage of everything from the characteristics of various strategies within each alternative asset class to portfolio management concepts central to alternative investments, the information found here will help build a solid foundation of knowledge about alternative investments markets. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThis comprehensive resource: \u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUses investment analytics to examine each alternative asset class.\u003c\/li\u003e \u003cli\u003eExamines quantitative techniques used by investment professionals.\u003c\/li\u003e \u003cli\u003eAddresses the unique attributes associated with the alternative investment space.\u003c\/li\u003e \u003cli\u003eIs supplemented by study materials available at www.caia.org.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eSince its inception in 2002, the CAIA Program's diverse curriculum has benefited a wide array of professionals--from institutional investors, investment advisers, alternative investment fund managers, and administrators, to accountants, lawyers, and academics. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe CAIA Association\u003c\/b\u003e is a global professional body dedicated to creating greater alignment, transparency, and education for all investors, with a specific emphasis on alternative investments. A Member-driven organization representing professionals in more than 95 countries, CAIA advocates for the highest ethical standards and provides authoritative, unbiased insight on a broad range of investment strategies and industry issues, key among them being efforts to bring greater diversification to portfolio construction decisions to achieve better long-term investor outcomes.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eAlternative Investments: CAIA Level I\u003c\/i\u003e\u003c\/b\u003e \u003cb\u003eThe official reading for the CAIA Level I exam\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"As the array of offerings continues to grow in the world of alternative investments, many asset classes have morphed more into industries, accompanied by a widening breadth of risk profiles and performance dispersion. Value will accrue to the astute and patient investor, and the CAIA Level I curriculum is an outstanding source for needed education.\" \u003cb\u003e --Elena Manola-Bonthond, PhD, CAIA, Chief Investment Officer, CERN Pension Fund\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"We have seen extraordinary interest and growth in alternative risk premia over the last decade. Investors continue to either seek better risk-adjusted returns through a widening set of uncorrelated offerings, or to access an asset class or strategy that is expected to produce higher absolute returns in the current low-yield environment. Regardless of motivation, financial education has never been more important, and the CAIA Association Level I textbook is an essential read for all investors.\" \u003cb\u003e --Valerie Sill, CFA, CAIA, President and Chief Executive Officer, Dupont Capital Management\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"While the first hedge fund may have been formed 80 years ago, wider institutional adoption of these and other alternative investments has mainly been a feature of the most recent 20 years. The CAIA Association and their important educational mandate is ever more relevant in this \u003ci\u003eFourth Edition\u003c\/i\u003e text. It is essential foundational reading for investment professionals who wish to succeed in today's complex world.\" \u003cb\u003e --David George, CFA, CAIA, Deputy Chief Investment Officer, Public Markets, Future Fund Management Agency\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eSeasoned professionals looking to explore new areas within the alternative investment arena, as well as new industry participants seeking to establish a solid understanding of alternative investments, will find that \u003ci\u003eAlternative Investments: CAIA Level I\u003c\/i\u003e is the best way to achieve these goals, and the smartest way to prepare for the CAIA Level I exam.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eDONALD R. CHAMBERS, PhD, CAIA, \u003c\/b\u003e is Associate Director of Programs at the CAIA Association, Chief Investment Officer of Biltmore Capital Advisors, and Emeritus Professor at Lafayette College in Easton, Pennsylvania. Dr. Chambers previously served as Director of Alternative Investments at Karpus Investment Management. He is a member of the editorial board of the \u003ci\u003eJournal of Alternative Investments.\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eMARK J. P. ANSON, PhD, CAIA, CFA, CPA, JD, \u003c\/b\u003e is Chief Investment Officer for Commonfund. Prior to joining Commonfund, he was the President and Chief Investment Officer of the Bass Family Office-winner of the Family Office of the Year award for 2014-2015. Dr. Anson previously served as President and Executive Director of Investment Services at Nuveen Investments Inc., Chief Executive Officer of both the British Telecom Pension Scheme and its wholly owned asset management company in London, Hermes Pension Management Limited, and Chief Investment Officer at California Public Employees' Retirement System. He has published over 100 research articles in professional journals, has won two Best Paper Awards, is the author of six financial textbooks, and sits on the editorial boards of several financial journals. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eKEITH H. BLACK, PhD, CFA, CAIA, FDP\u003c\/b\u003e is a managing director at the CAIA Association overseeing content strategy. He was previously an associate at Ennis Knupp and prior, an assistant professor at Illinois Institute of Technology. He is a member of the editorial board of the \u003ci\u003eJournal of Alternative Investments\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eHOSSEIN B. KAZEMI, PhD, CFA, \u003c\/b\u003e is co-founder of and the Senior Advisor for the CAIA Association. Dr. Kazemi is the Michael and Cheryl Philipp Distinguished Professor of Finance at Isenberg School of Management, the University of Massachusetts Amherst, the Director of the Center for International Securities and Derivatives Markets, and editor of the \u003ci\u003eJournal of Alternative Investments\u003c\/i\u003e and\u003ci\u003e Alternative Investment Analyst Review.\u003c\/i\u003e\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 928\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 2.2 x 9.7 x 7.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 24, 2020\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51761082171680,"sku":"9781119604143","price":125.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/aa8f830298530a6f0a970c79c4379e3e.webp?v=1780199167","url":"https:\/\/ebocreations.com\/products\/alternative-investments-caia-level-i-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}