The Certified Hedge Fund Manager (CHFM) professional certification program provides a comprehensive understanding of the hedge fund industry. The program covers the key fundamentals, characteristics, investment strategies, performance metrics, and regulatory issues associated with hedge funds. It also provides insights into the historical trends of hedge funds and their role in financial crises. Through this program, participants will gain the skills and knowledge necessary to manage hedge funds effectively.

Certification Program Objectives:

• Understand the fundamentals of hedge funds, including their structure, organization, and role in the investment industry.
• Identify the key characteristics of hedge funds, such as their use of leverage, short selling, and complex investment strategies.
• Explore different investment strategies used by hedge funds, such as global macro, long/short equity, and event-driven investing.
• Analyze hedge fund performance over time, including risk and return metrics, and compare it to other investment vehicles.
• Examine the role of hedge funds in past financial crises, including the Long-Term Capital Management (LTCM) collapse, and the lessons learned.
• Understand the regulatory environment for hedge funds, including the differences between hedge funds and mutual funds, and the impact of regulations on the industry.

Certifying Examination:

• To be certified as CHFM, student should take up a 1.5 hours exam at the designated examination centers.
• The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
• Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Modules:

1. Fundamentals of Hedge Fund
2. Hedge Fund Characteristics
3. Investment Strategies
4. Hedge Fund Performance Over Time
5. Hedge Funds, LTCM and Recent Crises
6. Hedge Funds, Regulation and Mutual Funds