PT - JOURNAL ARTICLE AU - Mark J.P. Anson TI - Selecting a Hedge Fund Manager AID - 10.3905/jwm.2000.320337 DP - 2000 Oct 31 TA - The Journal of Wealth Management PG - 45--52 VI - 3 IP - 3 4099 - https://pm-research.com/content/3/3/45.short 4100 - https://pm-research.com/content/3/3/45.full AB - While a considerable amount of research has been dedicated to determining the economic value-added of hedge funds, very little has been written on the selection of hedge fund managers. The author addresses some practical issues to consider in establishing a hedge fund investment program. He uses a graphical description of the hedge fund industry compared to the traditional world of long-only investments to describe several types of hedge fund programs, presenting three essential questions to answer when selecting a hedge fund manager. He suggests three possible strategies for including hedge funds in a portfolio. Once the investor has chosesn a strategy, tactical issues such as manager selection become critical.