Agarwal, Vikas; Ren, Honglin - 2023
Hedge funds are dynamic, versatile, opaque, and, according to BarclayHedge, their assets under management have nearly … doubled from $2.6 trillion in 2015 to $4.9 trillion in 2021. In the recent decade, whether hedge funds have delivered superior … performance is in debate. Researchers conclude differently depending on the sample of hedge funds available for investigation …