Results 11 to 20 of about 1,860 (264)
Management Science, 2021 We investigate the growth strategies of hedge fund firms. We find that firms with successful first funds are able to launch follow-on funds that charge higher performance fees, set more onerous redemption terms, and attract greater inflows. Motivated by the aforementioned spillover effects, first funds outperform follow-on funds, after adjusting for ...
William Fung +3 more
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Reviewing the hedge funds literature I: Hedge funds and hedge funds' managerial characteristics [PDF]
International 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
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The diversification benefits of hedge funds and funds of hedge funds [PDF]
Derivatives Use, Trading & Regulation, 2007 We examine whether investors can improve their investment opportunity set through the addition of a hedge fund (HF) or fund of HF portfolio to different sets of benchmark portfolios. Using data from 1994 to 2004, we find that HF, as an asset class, improve the mean–variance frontier of sets of benchmark portfolios sorted by firm size and book-to-market
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Explaining the EU’s Uneven Influence Across the International Regime Complex in Shadow Banking
Politics and Governance, 2023 This article shows that the EU has exerted uneven influence within the global regime complex in shadow banking. Why? We seek to explain the variation in the EU’s ability to exert influence across different elemental regimes—those on hedge funds and ...
Lucia Quaglia, Aneta Spendzharova
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Uluslararası Ekonomi, İşletme ve Politika Dergisi, 2022 This study aimed at comparing the performances of distinct hedge fund strategies and assessing the diversification opportunities using hedge funds. This paper analyses the overall performance of distinct hedge fund strategies (as indices) for the period ...
Hind Benmahi, Emin Avcı
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The 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
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Polish Absolute Return Funds And Stock Funds. Short And Long Term Performance Comparison
Folia Oeconomica Stetinensia, 2014 In this paper I focus on analyzing whether Polish absolute return funds, which I call quasi-hedge funds, add value to a portfolio of an individual investor by reaching higher returns than Polish stock funds.
Perez Katarzyna
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Return smoothing and its implications for performance analysis of hedge funds
Journal of Finance and Data Science, 2018 Return smoothing and performance persistence are both sources of autocorrelation in hedge fund returns. The practice of pre-processing the data in order to remove smoothing before conducting performance analysis also affects the predictability of hedge ...
Jing-zhi Huang +2 more
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Opacity in Hedge Funds: Does it Create Value for Investors and Managers?
BBR: Brazilian Business Review, 2020 This paper investigates if opacity (as measured by derivatives usage) creates value for investors and the managers of hedge funds that charge performance fees.
Flávia Januzzi +2 more
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Indirect effects of flow-performance sensitivity on fund performance
Borsa Istanbul Review, 2023 This study examines changes in the flow-performance sensitivity (FPS) among funds of hedge funds (FoHFs) after the global financial crisis and the Madoff scandal. We also explore whether these changes in FPS affect fund performance.
Sangik Seok +3 more
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