Issy G
I work in hedge funds and there is a new book by Chris Jones called Hedge Fund of Funds which is excellent.

anna c
To most investors the words "hedge fund" sound both glamourous and mysterious. However, they are neither as i prefer the definition given by Warren Buffett who describes them as "the electronic herd" and most likely to cause or exacerbate a market crash. Why? Their use of derivatives, whilst not illegal is a serious concern as the instruments become more and more complicated. The junk investments created out of sub prime mortgages are a prime examples, . The best book i have come across explaining hedge funds and how they operate is called Simple But Not Easy by Richard Oldfield. Not only is the book easy to read but it demystifies the world of investing and is also "a forensic deconstruction of the returns hedge funds can reasonably be expected to make" Jonathan Davis, Financial Times. I hope the above helps.

Richard Wilson
I just completing writing a book on hedge funds. I believe it is one of the best books to get for your friend for 5 reasons. 1. It is brand new, just put together last month. 2. It is free, why pay for hedge fund information when it is freely available online within news sites and blogs such as ? 3. I cover hedge fund definitions, strategies, trends, interviews, book reviews and industry facts. 4. This free hedge fund book is always being updated and will remain current with quarterly updates. 5. This book will connect your friend to my hedge fund blog which will continue to educate and answer questions your colleague might have...for free. To download this free book please visit - Richard