Results 1 to 10 of about 483,002 (343)

Spanning Tests for Assets with Option-Like Payoffs: The Case of Hedge Funds

open access: greenManagement Sciences, 2018
We draw on the skewness literature to propose regression-based performance evaluation tests designed for investments with option-like returns. These tests deliver conclusions valid for all risk-averse mean-variance-skewness investors and can better ...
Paul Karehnke, Frans de Roon
openalex   +2 more sources

The Corporate Opportunity Structure for Shareholder Activism: How Activist Hedge Funds Exploit Board Demographic Diversity

open access: yesOrganization science (Providence, R.I.), 2023
Inspired by research on social movements, we extend the idea that activists look for opportunities to target firms to the realm of financially motivated shareholder activists.
Mark R. DesJardine   +2 more
semanticscholar   +1 more source

Responsible Hedge Funds

open access: yesReview of Finance, 2022
Hedge funds that endorse the United Nations Principles for Responsible Investment (PRI) underperform other hedge funds after adjusting for risk but attract greater investor flows, accumulate more assets, and harvest greater fee revenues.
Hao Liang, Lin Sun, Melvyn Teo
semanticscholar   +1 more source

Man versus machine: on artificial intelligence and hedge funds performance

open access: yesApplied Economics, 2022
Employing partially hand-collected data, sample hedge funds are formed into four categories depending on their level of automation. We find that hedge funds with the highest level of automation outperform other hedge funds with more reliance on human ...
Klaus Grobys, J. Kolari, Joachim Niang
semanticscholar   +1 more source

Hedge funds [PDF]

open access: yescritical perspectives on international business, 2013
Purpose– The paper's aim is to explore the impact of statistical arbitrage and high-frequency trading as hedge fund investment strategies that have a significant impact on the environment of corporations.Design/methodology/approach– The paper is a meta-analysis of the role of investment strategies within complex systems.Findings– The growth of hedge ...
William Fung, David A. Hsieh
  +4 more sources

Reviewing the hedge funds literature I: Hedge funds and hedge funds' managerial characteristics [PDF]

open access: yesInternational Review of Financial Analysis, 2016
This paper summarizes the literature on hedge funds (HFs) developed over the last two decades, particularly that which relates to managerial characteristics (a companion piece covers the risk management characteristics of HFs). It classifies, the current HF literature, suggesting which critical problems have been “solved” and which problems have not ...
Azevedo, Alcino   +2 more
openaire   +3 more sources

Why Activist Hedge Funds Target Socially Responsible Firms: The Reaction Costs of Signaling Corporate Social Responsibility

open access: yes, 2020
In this paper, we develop and test a theory of how unintended audiences create reaction costs for firms that use corporate social responsibility (CSR) as a signal.
Mark R. DesJardine   +2 more
semanticscholar   +1 more source

Hedge Fund Wizards

open access: yesThe Economists' Voice, 2008
Dean Foster and Peyton Young explain a dramatic problem in the hedge fund industry that allows hedge fund managers to profit hugely while exposing their investors to great unknown risks.
Foster, D, Young, H
openaire   +2 more sources

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