During recent years butterfly barbells have been used actively as investment strategies. Such barbells are <p> constructed in order to obtain a yield pick-up and at the same time to be risk neutral against a change in <p> the slope of the yield curve and/or a parallel shift in the yield curve....</p></p>

To date analyses of Danish mutual fund performance have been few and mainly pursued by mutual funds themselves or by the Association of Danish Mutual Funds (www.ifr.dk). The purpose of <p> this paper is to provide the first independent performance analysis of Danish mutual funds, which includes 44...</p>

In this analysis we identify dynamic hedge fund strategies quantitatively pursuing a Principal Component Analysis following Fung and Hsieh (1997). We extract five dominant hedge <p> fund strategies each representing similar investment styles and analyse the performance of each strategy by employing...</p>

McCallum (1994a) introduces policy behavior to resolve previous empirical rejections of the uncovered interest parity (UIP) theory. In this note, we reexamine his policy behavior argument. First, we extend the data set used by McCallum to include the recent 8 years, and contrary to the analysis...