This is Part 2 of Investment Risk (and the final tutorial in the 2007 FRM regular series). The is a review of learning outcomes 42.1 through 45.16 (hedge fund topics). This includes individual hedge fund strategies (LO 42.x), benchmarking, style drift, fund of hedge funds (FoHF) and, importantly, the Stulz discussion of hedge funds (e.g., comparison of hedge funds to mutual funds).

(1 hr 23 min)

Latest Chalk Talk More

Learn key concepts, functions and analyses: topical, timely and testable

• About the 2007 FRM Study Package
• FRM 2007: Frequently Asked Questions (FAQ)
• Metallgesellschaft case – 6 min briefcast
• Surplus at risk – spreadsheet
• Surplus at risk (SaR) – 5 min briefcast

Latest Tools More

Movie tutorials, dashboards and spreadsheets tools. Learn by watching!

• 2008 Episode 14 (Investment B), sample
• 2008 Episode 13 (Investment A), sample
• 2008 Episode 12 (OpRisk C) - sample
• 2008 Episode 11 (OpRisk B), sample
• 2008 Episode 10 (OpRisk A), Part 1 (sample)

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Information and discussion on certification exams

• Comparison of CFA and CFP
• About the CIPM
• About the CFP
• About the CFA
• About the PRM