An Overview of Hedge FundsRoland Lorenzo first joined Credit Suisse First Boston,now known as Credit Suisse, in a Directorial andManagerial capacity. There, his responsibilitiesincluded managing operations over four continents.Mr. Lorenzo grew with the company, eventually co-founding and leading CSFB Index Company as itsPresident and Chief Operating Officer. He was alsoinstrumental in creating the CSFB/Tremont HedgeFund Index.
An Overview of Hedge FundsA hedge fund functions as a portfolio of variedinvestment products. The term comes from the phrase"hedging ones bets" and refers to the portfolioselasticity: due to the diverse array of investments onecan include in a hedge fund, one can turn a decentprofit regardless of the markets constant fluctuations.
An Overview of Hedge FundsInvestors advise filling hedge funds with as manyunique investment strategies as possible in order toachieve that flexibility. For example, many hedgefunds include bonds, stock options, and undervaluedsecurities. To date, more than 14 hedge fund strategiesexist. Each perpetuates the portfolios goal ofminimizing risks to counter volatile market activity.Because of the many strategies available, financialprofessionals recommend allowing experiencedinvestors to manage portfolios.