In this study, hedge fund returns in excess of the S&P 500 were analyzed to determine the
effects of beta, fund size, age and enforced registration in 2006 as a result of Rule 203 (b)(3) …

This paper is the second of a two-part series that provides essential context for any serious
study of alternative risk premium (ARP) strategies. Practitioners uniformly emphasize the …

The purpose of this book is to present the principles of alternative investments in
management. The individual chapters provide a detailed analysis of various classes of …

Factor models are frequently applied to hedge fund returns in an attempt to separate the
return from identified risk factors (beta) and from manager skill (alpha). More recently, these …

Hedge funds are often used by institutional investors as a risk reduction tool in order to
decrease portfolio volatility and create more stable return patterns. Normally, the portfolio …

The beginning of the twenty-first century was characterized by a rapid increase in the value
of the assets being managed as alternative investments. The process of further development …

Entrées, il y a déjà quelques décennies, dans une ère de mouvements incessants où tout
change aussi vite que radicalement, certaines professions, certaines activités, mutent au …

In this article, we look at hedge fund replicators. These are products sold by financial
institutions, which aim to match the returns of hedge funds. Hedge funds are able to make a …

Hedge fund factor analysis is growing in popularity. While some investors simply use
traditional factor β s from the stock and bond markets, these factors do not fully explain …

Lessons Learned from the 2006 Energy Hedge Fund Debacles Page 1 Lessons Learned from
the 2006 Energy Hedge Fund Debacles Ms. Hilary Till Principal, Premia Capital Management …