Fully revised and updated to reflect today's financial realities, this book covers the five major classes of alternative assets - hedge funds, commodity and managed futures, private equity, credit derivatives and corporate governance - and outlines the strategies you can use to efficiently incorporate these assets into any portfolio. Throughout the book new chapters have been added, different data sources accessed and new conclusions reached. Designed as both an introduction to the world of alternative assets and as a reference for the active investor, this book will help readers match assets with investment goals. As the former CIO of CalPERS, Anson oversaw the management of assets from $127 billion to $201 billion and has unmatched insight and experience in the shifting investment landscape.. . .