This book is a must for every hedge fund investor. It is the most thorough examination of many strategies ever conducted in one book. A book to help investors increase returns and lower risk. Hedge Fund Strategies allow investors to understand and balance the risk in their portfolio. Hedge fund categories such as: global/macro hedge funds, merger arbitrage hedge funds, market neutral hedge funds, equity hedge (long/short) funds, commodity trading funds, fixed income arbitrage funds, short selling, market timing, convertible arbitrage funds, emerging market funds and many other types are analyzed to determine when they perform better or worse and what factors affect the returns on these strategies. Some hedge fund tools are demonstrated to allow traders and investors to use the same methods when constructing their own portfolios.