Showing 1 - 10 of 19,668
Persistent link: https://www.econbiz.de/10011347013
Persistent link: https://www.econbiz.de/10001502403
Persistent link: https://www.econbiz.de/10008664088
Hedge fund managers are compensated via management fees on the assets under management (AUM) and incentive fees indexed to the high-water mark (HWM). We study the effects of managerial skills (alpha) and compensation on dynamic leverage choices and the valuation of fees and investors' payoffs....
Persistent link: https://www.econbiz.de/10013128908
Hedge fund managers are compensated via management fees on the assets under management (AUM) and incentive fees indexed to the high-water mark (HWM). We study the effects of managerial skills (alpha) and compensation on dynamic leverage choices and the valuation of fees and investors' payoffs....
Persistent link: https://www.econbiz.de/10013130583
Persistent link: https://www.econbiz.de/10012102443
Hedge fund managers are compensated via management fees on the assets under management (AUM) and incentive fees indexed to the high-water mark (HWM). We study the effects of managerial skills (alpha) and compensation on dynamic leverage choices and the valuation of fees and investors' payoffs....
Persistent link: https://www.econbiz.de/10012461815
Persistent link: https://www.econbiz.de/10015046305
Persistent link: https://www.econbiz.de/10011375757
Persistent link: https://www.econbiz.de/10013185378