Agarwal, Vikas; Fos, Vyacheslav; Jiang, Wei - Centre for Financial Research <Köln> - 2010
This paper is a first study to formally analyze the biases related to self-reporting in the hedgefunds databases by matching the quarterly equity holdings of a complete list of 13F-filing hedge fundcompanies to the union of five major commercial databases of self-reporting hedge funds between...