. Specifically, it separates hedge funds, ex-ante, into one group that delivers higher sharpe ratios and positive skewness (SR of 0 …-of-sample (OOS). I refer to the former group as those hedge funds with edge, in contrast to the latter group as those hedge funds …

countries, affects hedge funds. Using a sample of 9,120 Chinese hedge funds that cover the period from April 2010 to December … 2022, we find that hedge funds with a stronger Confucian cultural impact take on less investment risk and deliver higher …

Prior academic research on hedge funds focuses predominately on fund strategies in relation to market timing, stock … hedge funds. An important policy implication of our study is that the classification of hedge funds affects asset and …

investment in convertible bond arbitrage, to assess the risk and return of individual hedge funds. We provide estimates of the … hedge funds using a factor model methodology. Lagged and contemporaneous observations of the risk factors are specified … 2007 and 2008 we find evidence of negative abnormal returns amongst individual hedge funds and the hedge fund indices …

observe that hedge funds gradually increase (decrease) their net arbitrage positions before ETF rebalancing. Strikingly, the … “front-running” stocks bought by hedge funds significantly outperform stocks not subject to hedge funds front-running by 0 … hedge funds …

'Bayesian vs. VaR' Dilemma to Empirical Model Risk Management: Managing Risk for Hedge Funds, IUP Journal of Financial Risk …