Hedge funds have become an important part of the financial sector. The development of the hedge funds in the Nordic … model for the Nordic hedge funds over 2005-2018. The Fung-Hsieh 8-factor model and other models are developed to identify … funds to banking sector) are also tested. The results indicate that Nordic hedge funds are capable to generate positive …

equilibrium for market outcomes and discuss its connection with the prominent phenomenon of "wolf-pack" activism-multiple hedge … funds engaging in parallel with a target firm. We also explore the possibility of other equilibria where the activists trade …

This paper investigates the nature of volatility spillovers between stock returns and hedge funds returns in twelve … volatility of stock returns does not affect the volatility of hedge funds returns; however, there are inconsistent evidence of … unidirectional volatility spillover from hedge funds to stock market returns. …

This research study provides insights on how activist hedge funds perform valuation analyses of target firms. Relevant … data was hand-collected from a sample of activist hedge fund presentations. Based on the hedge funds’ valuation analyses … performance measures are primarily consensus estimates. Besides, hedge funds sometimes adjust multiples arbitrarily to increase …

management and performance fees charged by hedge funds. We also document how reported performance estimates vary with hedge fund … and study characteristics. Overall, our findings indicate that, while hedge funds historically generated positive value …

households do, but they are instead absentee debtors who borrow through the hedge funds, private equity firms, personal … their invisible leverage, the article looks at how much hedge funds borrow, and why their leverage matters. …

management and performance fees charged by hedge funds. We also document how reported performance estimates vary with hedge fund … and study characteristics. Overall, our findings indicate that, while hedge funds historically generated positive value …