Asymmetric Returns The Future of Active Asset Management

Praise for Asymmetric Returns"Ineichen is a brilliant thinker and a beautiful writer. The result is this extraordinary book. Asymmetric Returns offers powerful and innovative investment advice in a language every investor can read. What a tempting combination! This book is one temptation you must not resist." -Peter L. Bernstein, author, Capital Ideas: The Improbable Origins of Modern Wall Street"Alexander Ineichen remains at the leading edge of the hedge fund industry. But what really distinguishes him from other industry pioneers and commentators is his ability to articulate major changing themes in a way that is colorful and comprehensible to many readers. This book is a must-read for practitioners and major customers in the industry." -Stanley Fink, Chief Executive, Man Group plc"This book is a must-read for today's professional investor. Alexander Ineichen goes way beyond the typical debate in the money management industry in regard to alternative investing or traditional investing. He explains the various concepts and concludes that at the end there is only one thing that matters: positive absolute returns." -Rainer-Marc Frey, founder, Horizon21 and RMF"This book is thoroughly entertaining, thought provoking, and deeply insightful. Ineichen leads the reader between the abstract and the concrete in a splendid fashion. A compelling addition to any bona fide financial athenaeum." -Joseph Scoby, member of UBS's Managing Board and head of Alternative and Quantitative Investments, UBS Global Asset Management"Ineichen is clearly the thought leader on asymmetric returns. For example, his discussion in Chapter 3 on the pricing of asymmetric returns and his analysis of higher moments of the distribution in Chapter 4 provide ample food for thought upon which investors can feast for years to come." -Mark Anson, Chief Executive Officer, Hermes Pensions Management Ltd.Ineichen, Alexander M. is the author of 'Asymmetric Returns The Future of Active Asset Management', published 2006 under ISBN 9780470042663 and ISBN 0470042664.