The investment procedure prescribes the stages and tests through which all investment projects must pass before being accepted or not. It governs the conditions of acceptability and constitutes a powerful device of a priori control. In this paper, we intend to understand how investment...

The investment procedure prescribes the stages and tests through which all investment projects must pass before being accepted or not. It governs the conditions of acceptability and constitutes a powerful device of a priori control. In this paper, we intend to understand how investment...

La gestion alternative connaît actuellement un engouement certain, tant de la part des investisseurs que des gérants qui y voient une parade efficace à la volatilité des marchés financiers. Cet intérêt ne saurait cependant occulter les risques auxquels sont exposés les hedge funds. Cet...

Given the increasing importance of funds of hedge funds in the development of the hedge fund industry and the cost-intensive nature of multi-manager structures, investors are questioning whether FoHF add value to an extent that justifies the extra layer of fees induced by their activity. To...