We measure the loss potential of Hedge Funds by combining three market risk measures: VaR, Draw-Down and Time Under …-The-Water. Calculations are carried out considering three different frameworks regarding Hedge Fund returns: i) Normality and time … results clearly state that market risk may be substantially underestimated by those models which assume Normality or, even …

We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers …. This effect holds only in the presence of end-user demand uncertainty. The conditions under which a returns policy raises … returns policies serve both to dampen competition and resolve demand uncertainty. …

hedge funds performance using various asset-pricing models, including an extension form of Carhart's (1997) model combined … variation in hedge fund returns over time. This latter particularly suits for Event-Driven, Global Macro, US Opportunistics …, Equity non- Hedge and Sector funds. We analyse the performance of ehdge funds and the persistence in performance for …

Hedge Fund Performance and Persistence in Bull and Bear Markets DANIEL P.J. CAPOCCI University of Liege - Economics … paper tests the performance of 2894 hedge funds in a time period that encompasses unambiguously bullish and bearish trends …-factor composite performance model that achieves very high significance levels. The analysis of performance indicates that most hedge …

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …

determinants of performance of cities. We construct a preliminary worldwide database for cities, containing variables and … indicators of globalization (at the country and city level), city governance, city performance (access and quality of … globalization (at both the country as well as at the city level) do matter for city-level performance in terms of access and quality …

influences on export performance of Australian manufacturing firms may lie with a range of ‘firm-specific’ factors other than …

FRAMEWORK FOR GREATER(IMPROVED) PERFORMANCE. …