This title offers valuable guidance on fund of funds investing. While capital markets have become more complex, investors are still looking to increase portfolio performance without increasing risk. Fund of funds investing is one such avenue to pursue. This practical guide provides you with the tools needed to understand and evaluate your investments in this often opaque area of finance. In "Fund of Funds Investing", hedge fund expert Daniel Strachman and fund of funds manager Richard Bookbinder offer valuable insights into this world through an industry overview and review of essential issues including due diligence, risk and portfolio management, and multi-strategy funds. This title outlines strategies that will help you invest directly in a wide range of hedge funds. Other titles by Strachman include: "The Fundamentals of Hedge Fund Management", "Essential Stock Picking Strategies", "The Long and Short of Hedge Funds", "Julian Robertson", and "Getting Started in Hedge Funds, Second Edition ". Based on extensive interviews by the authors as well as their experiences in this field "Funds of Funds Investing" is an important guide to one of the most misunderstood areas of modern finance.