David Stevenson 
Managing Your Investment Portfolio For Dummies – UK, UK Edition 

Achieve positive returns on your investments, in any
market

With Managing Your Investment Portfolio FD you can build
and manage a portfolio of investments that’s flexible enough
to provide positive returns, no matter what the market is doing.
Inside you’ll find a wealth of strategies and techniques to
help you take your investments to the next level. Lean to track and
predict volatility; hedge your exposure by going long and short;
use strategies like arbitrage, relative value and pairs trading;
and dip into distressed assets, options, derivatives, spread
betting and much more.

Techniques and strategies covered include:

* Tracking and predicting volatility, and making short-term gains
on very volatile markets

* Hedging exposure and going long and short

* Arbitrage (taking advantage of price differences between
markets)

* Pairs trading

* Relative value strategies

* Distressed assets (things written off by the mainstream that
may have long-term value)

* Earnings surprises (looking for companies delivering better
earnings than predicted by analysts)

* Options and derivatives

* Macro trading (looking at key indicators for economic
cycles)

Cuprins

Introduction 1

Part I: It’s All about Portfolios 7

Chapter 1: Introducing Great Opportunities for Advanced
Investors 9

Chapter 2: Assessing Risk: Deciding What Kind of Investor You
Are 25

Part II: Picking the Strategies for You 43

Chapter 3: Grasping Basic Hedge-Fund Strategies 45

Chapter 4: Dealing with Volatility and Economic Cycles 63

Chapter 5: Digging Deeper into Alternative Assets: Commodities
and Currencies 91

Chapter 6: Assessing the Hedge-Fund Industry: Don’t
Believe the Hype 111

Part III: Thinking and Acting Like a Hedgie: Simple
Strategies You Can Employ Yourself 129

Chapter 7: Selling What You Don’t Own: Short Selling
131

Chapter 8: Understanding Arbitrage: Big Name, Simple Idea
149

Chapter 9: Weighing Up Growth Versus Value Investing 165

Chapter 10: Gearing up to Use Leverage 187

Chapter 11: Stepping into Structured Investments 197

Chapter 12: Benefitting from Shareholder Activism 211

Part IV: Delving into More Specialist Techniques (with a
Little Help) 229

Chapter 13: Advanced Investing in Commodities: Sharks and Rocket
Scientists 231

Chapter 14: Investing in Emerging-Market Equities and Currencies
253

Chapter 15: Investing Macro Style: Seeing the Big Picture
269

Part V: Tools of the Trade: Useful
Instruments 295

Chapter 16: Following Indices: Exchange-Traded Funds and Other
Trackers 297

Chapter 17: Taking a Punt on the Financial Markets 325

Part VI: The Part of Tens 339

Chapter 18: Ten Top Tips to Protect Your Stash 341

Chapter 19: Ten Hedge-Fund Style Techniques to Grow Your Wealth
347

Index 353

Despre autor

David Stevenson is a columnist for the Financial Times where he writes the Adventurous Investor section. He is also a columnist for Investors Chronicle and author of Investing in Shares For Dummies, UK edition.