The economics and finance of hedge funds: A review of the academic literature
V Agarwal, KA Mullally, NY Naik - Foundations and TrendsŪ …, 2015 - nowpublishers.com
Hedge funds have become increasingly important players in financial markets. This
heightened importance has spawned a large academic literature focused on issues …
heightened importance has spawned a large academic literature focused on issues …
Hedge funds: A dynamic industry in transition
M Getmansky, PA Lee, AW Lo - Annual Review of Financial …, 2015 - annualreviews.org
The hedge-fund industry has grown rapidly over the past two decades, offering investors
unique investment opportunities that often reflect more complex risk exposures than those of …
unique investment opportunities that often reflect more complex risk exposures than those of …
Do hot hands exist among hedge fund managers? An empirical evaluation
R Jagannathan, A Malakhov… - The Journal of Finance, 2010 - Wiley Online Library
In measuring performance persistence, we use hedge fund style benchmarks. This allows us
to identify managers with valuable skills, and also to control for option‐like features inherent …
to identify managers with valuable skills, and also to control for option‐like features inherent …
Does hedge fund performance persist? Overview and new empirical evidence
M Eling - European Financial Management, 2009 - Wiley Online Library
The contribution of this paper is to provide an overview and new empirical evidence on
hedge fund performance persistence, which has been a controversial issue in the academic …
hedge fund performance persistence, which has been a controversial issue in the academic …
Hedge fund performance persistence: A new approach
NM Boyson - Financial Analysts Journal, 2008 - Taylor & Francis
Recent literature has found some evidence of performance persistence in hedge funds. This
study investigated whether this persistence varies with fund characteristics, such as size and …
study investigated whether this persistence varies with fund characteristics, such as size and …
Hedge fund characteristics and performance persistence
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 …
between 6 and 36 months based on a merged sample from the Lipper/TASS and CISDM …
Recent evidence on the short-term and long-term performance persistence of emerging-market mutual fund returns
M Božović - The North American Journal of Economics and Finance, 2022 - Elsevier
This paper analyzes the performance persistence of US-based emerging-market mutual
funds. We use a sample of 275 actively managed funds between July 1989 and December …
funds. We use a sample of 275 actively managed funds between July 1989 and December …
Fund liquidation, self-selection, and look-ahead bias in the hedge fund industry
JT Horst, M Verbeek - Review of Finance, 2007 - academic.oup.com
A wide range of empirical biases hampers hedge fund databases. In this paper we focus
upon survival-related biases and disentangle look-ahead biases due to self-selection of …
upon survival-related biases and disentangle look-ahead biases due to self-selection of …
[BOOK][B] Real estate opportunity funds: Past fund performance as an indicator of subsequent fund performance
TC Hahn, D Geltner, N Gerardo-Lietz - 2005 - researchgate.net
Real estate opportunity funds are one of the fastest growing segments of the real estate
investment industry. The real estate equivalent of the private equity and “alternative …
investment industry. The real estate equivalent of the private equity and “alternative …
Recent advances in hedge funds' performance attribution: Performance persistence and fundamental factors
D Stafylas, K Anderson, M Uddin - International Review of Financial …, 2016 - Elsevier
We survey articles on hedge funds' performance persistence and fundamental factors from
the mid-1990s to the present. For performance persistence, we present some pioneering …
the mid-1990s to the present. For performance persistence, we present some pioneering …