Unformatted text preview: 14. Why should hedge funds worry about their prime brokers? 15. Which 3 prime brokers dominate the industry? Which 2 dominate the global market? 16. Explain the changing landscape for prime broker services? Why is it fraught with hazard? 17. Why don’t US hedge funds use administrators more? 18. What is the first level of risk management review of a hedge fund? 19. What is the difference between a Sharpe Ratio and Sortino Ratio? 20. Why is the correlation of a fund to the S&P 500 important? 21. What is the average hedge fund correlation to the S&P 500? 22. Why are VaR analytics so useful in hedge fund risk management? 23. What does stress testing do to add to VaR analytics?...
View Full Document
- Fall '09