Tudor, Deniz; Cao, Bolong - In: Managerial Finance 38 (2012), pp. 280-302
absolute returns using fund level data. Design/methodology/approach - The absolute return profiles are identified using … absolute returns. Finally, no evidence was found for performance persistence in terms of absolute returns for hedge funds but … evidence is found that only some hedge funds strategies, but not all of them, demonstrate higher tendency to produce absolute …