Narrow search
Showing 1 - 10 of 6,007
Cover Image
The Effect of Investment Constraints on Hedge Fund Investor Returns
Joenväärä, Juha - 2018
This paper examines the effect of investor-level real-world investment constraints, including several which had not been studied before, on hedge fund performance and its persistence. Using a large consolidated database, we demonstrate that hedge fund performance persistence is significantly...
Persistent link: https://www.econbiz.de/10012938196
Cover Image
Revisiting The Myopic-Activists Claim of Short-Termism : Assessing The Long-Term Effects of Hedge Fund Activists on Firm Operational Performance
Malka, Shalom Charles; Tran, Tuan - 2022
This paper revisits the short-termism argument by focusing on the long-term effects of hedge fund activists on firm operational performance. We find evidence that hedge fund effects are positively related to firm performance and are long-term. Moreover, such effects continue well into the...
Persistent link: https://www.econbiz.de/10014238232
Cover Image
Three Essays on Hedge Funds
Slavutskaya, Anna - 2014
Persistent link: https://www.econbiz.de/10010502978
Cover Image
Investigating hedge fund performance
Huber, Otto - 2011
-adjustierten Performance von Hedgefonds befassen. Eine mögliche Konsequenz des veränderten Umfeldes ist eine Reduktion der risikoadjustierten … Performance (Alpha) von Hedgefonds. Entgegen dieser Hypothese zeigen die Resultate des ersten Aufsatzes ein positives historisches … empirische Bestätigung für Kapazitätsbeschränkungen. Der zweite Aufsatz befasst sich mit der Performancepersistenz von Hedgefonds …
Persistent link: https://www.econbiz.de/10008989038
Cover Image
Returns to active management : the case of hedge funds
Kazemi, Maziar; Islamaj, Ergys - 2014
Persistent link: https://www.econbiz.de/10010404131
Cover Image
Hedge fund portfolio diversification strategies across the GFC
Allen, David E.; McAleer, Michael; Peiris, Shelton; … - 2014
This paper features an analysis of the effectiveness of a range of portfolio diversfication strategies as applied to a set of 17 years of monthly hedge fund index returns on a set of ten market indices representing 13 major hedge fund categories, as compiled by the EDHEC Risk Institute. The...
Persistent link: https://www.econbiz.de/10010465157
Cover Image
Hedge fund portfolio diversification strategies across the GFC
Allen, David E.; McAleer, Michael; Peiris, Shelton; … - 2014
Persistent link: https://www.econbiz.de/10011296524
Cover Image
The Real Effects of Hedge Fund Activism : Productivity, Asset Allocation, and Labor Outcomes
Brav, Alon - 2011
This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant-level information from the U.S. Census Bureau. A typical target firm improves its production efficiency in the three years after an activist intervention, and the improvements are most...
Persistent link: https://www.econbiz.de/10013119570
Cover Image
Alpha Characteristics of Hedge Funds
Jain, Sameer - 2013
Hedge Fund managers are expected to create excess investment returns (Alpha) through two primary skills based sources: (i) Security selection: buying undervalued securities and selling overvalued securities (ii) Market timing: entering markets in advance of, or when they are rising and exiting,...
Persistent link: https://www.econbiz.de/10013081375
Cover Image
Emerging Market Exposures and the Predictability of Hedge Fund Returns
Caglayan, Mustafa Onur - 2013
We examine Emerging Market and Global Macro hedge funds and find a significant positive relation between hedge funds' future returns and their exposure to both emerging market equities and emerging market currencies. We present evidence that the strong predictive power of emerging market betas...
Persistent link: https://www.econbiz.de/10013091191