This research has confirmed previous studies that the linear hedge fund replication suffersfrom high turnover and the … data problem in hedge fund replicationby Multivariate Time Series Synthesis usingWasserstein Generative Adversarial … outperformed hedge fund return net feeand commission in Risk-Reward ratio, Expected shortfall and Certainty Equivalent Return for10 …

Hedge fund activism generates persistent performance, but heterogeneity in performance suggests that some hedge fund … cumulative abnormal announcement returns of up to 13 - 20 percentage points between the top and bottom skill quintile of hedge … in skill are also evident in hedge fund activists’ campaign characteristics. The most skilled activists are associated …

of the Sharpe Ratio (i.e., the standard deviation) to include liquidity risk, a major risk for investors in hedge funds … the LRAPR. The results of our analysis of 1186 hedge funds alive in 2012-2020 show that funds with higher liquidity risk …