Question #24
Reading: Reading 34 Hedge Fund Strategies
PDF File: Reading 34 Hedge Fund Strategies.pdf
Page: 10
Status: Correct
Correct Answer: A
Question
Opportunistic hedge fund strategies employ:
Answer Choices:
A. long and short positions in equity
B. an investment in distressed debt
C. a top-down approach
Explanation
Opportunistic strategies have a macro focus and generally follow a top-down approach.
The other answers are more closely associated with a bottom-up approach.