Hedge Fund Issues and PerformanceIssues, Hedge Fund
After documenting the return persistence and predictability of Hedge funds, we examine the information ratio performance of FoHF (Fund of Hedge Funds) portfolios for the 1994-2005 period. We also analyze the return enhancing role of FoHF in equity- and debt-oriented TAAs (tactical asset allocations...
An important theme in the history of the hedge fund industry is the disintermediation of the proprietary trading function of investment banks, and as such, the 'privatization of the trading floor.' Historically, many hedge funds were set up as independent businesses to pursue trading strategies ori...
HFR has been the leader in hedge fund indexing for over 30 years. View all indices Quick License Comprehensive data access Comprehensive access to the most complete and updated performance information available for client benchmarking and performance evaluation purposes Effortless data integration Custom...
A Survey of Demographics and Performance in the Hedge Fund Industry.The article discusses an investigation on the demographics and financial performance of the hedge fund industry in the U.S. The study used the data from the Alternative Asset Center (AAC) for analyzing hedge fund demographics and...
We analyse the drivers of hedge fund performance, focusing simultaneously on fund size, age, lockup period, fund strategies, business cycles and different market conditions, dealing with the omitted variable bias. We use exogenous break points and a switching Markov model to endogenously determine di...
In this paper, we investigate the performance persistence of hedge funds over time horizons between 6 and 36 months based on a merged sample from the Lipper/TASS and CISDM databases for the time period from 1994 to 2008. Unlike previous literature, we use a panel probit regression approach to...
Assets under management (AUM) by hedge funds dropped by unprecedented levels, and the concept of managing for absolute returns (positive returns) was, in part, invalidated by significant losses. This chapter evaluates the issues related to fall of hedge funds and it performance. As a result of...
A characteristic of hedge funds is not only an active portfolio management, but also the allocation of portfolio performance between different accounts, which are the accounts for the external investors and an account for the management firm, respectively. Despite lack of transparency in hedge fund ...
HFR has been the leader in hedge fund indexing for over 30 years. View all indices Quick License Comprehensive data access Comprehensive access to the most complete and updated performance information available for client benchmarking and performance evaluation purposes Effortless data integration Custom...