We examine whether estimates of hedge fund performance reported in prior empirical
research are affected by publication bias. Using a sample of 1019 intercept terms from …

High-risk stocks do not have higher returns than low-risk stocks in all major stock markets.
This article provides a comprehensive overview of this low-risk effect, from the earliest asset …

The hedge fund industry has grown from $200 billion in assets under management around
the turn of the millennium to now over $3 trillion. Many reports have criticized hedge funds …

Elevate your game in the face of challenging market conditions with this eye-opening guide
to portfolio management Investing Amid Low Expected Returns: Making the Most When …

An efficient low-volatility strategy only needs a little amount of trading. The empirical
literature on low-volatility investing reveals a concave relation between the amount of …

Some exchange-traded funds (ETFs) are specifically designed for harvesting factor
premiums, such as the size, value, momentum, and low-volatility effects. Other ETFs …

We provide the first quantitative survey of the empirical literature on hedge fund
performance. We examine the impact of potential biases on the reported results. Using a …

In this article, the authors investigate the hedge fund market as a network of interacting
individual funds. The authors identify and analyze the most important hedge fund styles that …

Hedge funds are known to engage in the betting-against-beta (BAB) strategy arising from
beta-anomaly-related market mispricing. This paper examines if equity-oriented hedge …

We examine the factors influencing published estimates of hedge fund performance. Using a
sample of 1,019 intercept terms from regressions of hedge fund returns on risk factors (the …