Showing 1 - 10 of 98,096
focuses on developing theoretical and empirical analysis framework to explain the fixed and performance fees, the performance … and the investor have respectively an impact on the periodic performance fees (carried interest) during the bargaining … performance and the risk of funds. To achieve our objective, we create a unique database that has an international sample of …
Persistent link: https://www.econbiz.de/10011212048
This paper analyzes the impact of differences in supply of and demand for private equity financing on the performance … buyout performance decreases when large volumes of private equity commitments are looking for suit-able acquisition targets … acquisition prices (and thereby transaction performance) depend on the competition by a limited number of private equity fund …
Persistent link: https://www.econbiz.de/10005011546
Este trabajo desarrolla un análisis empírico de la persistencia en la performance de los fondos de inversión españoles … de renta variable nacional. Como medidas de performance emplea el alfa de Jensen y un ratio novedoso desarrollado por … relativa a la performance tiene sobre la persistencia, del cual se deduce que la única información relevante para el decisor …
Persistent link: https://www.econbiz.de/10008642251
leurs performances futures.(VA)This paper proposes to explore the consistency of performance of some UK defined … contributions pension funds:the Personal Pension Scheme. Our results show evidence of performance reversion for domestic equity … funds and performance persistence for fixed-income funds. Nonetheless, the best pension funds in both categories are …
Persistent link: https://www.econbiz.de/10005111132
(VF)Cet article étudie la performance des fonds de pension individuels britanniques (Individual Personal Pension Scheme …’est pourquoi, nous proposons de mesurer la performance des fonds activement gérés sur les phases du cycle de marché durant la … performance des fonds mutuels pendant les phases du cycle de marché / cycle économique : les fonds de pension produisent des …
Persistent link: https://www.econbiz.de/10005770080
We develop a new approach for evaluating performance across hedge funds. Our approach allows for performance … decrease in performance with a new model formed with alternative factors that capture variance, correlation, liquidity, betting …
Persistent link: https://www.econbiz.de/10012419384
Limited partners (LPs) of private equity funds commit to invest with extreme levels of illiquidity and significant uncertainty regarding the timing of capital flows. Secondary markets have emerged which alleviate some of the associated cost. This paper develops a subjective valuation model...
Persistent link: https://www.econbiz.de/10011772208
We use a comprehensive dataset of Funds-of-Hedge-Funds (FoFs) to investigate performance, risk and capital formation in … superior performance over time. In keeping with this implication, we provide evidence that even successful hedge funds have … experienced a recent, dramatic decline in risk-adjusted performance. …
Persistent link: https://www.econbiz.de/10005792343
Using a Switzerland-specific Carhart (1997) model, we study the risk-adjusted performance of actively and passively … managed mutual funds investing in Swiss stocks from 1989 to 2007. We also compare the performance of actively managed funds to …. While active institutional funds can almost keep up with the performance of passive funds, active retail funds cannot and …
Persistent link: https://www.econbiz.de/10011933190
The financial market interest several researchers, especially in the domain of assessment of the financial assets and their performances. The previous research identified several anomalies of the market, as size, Monday, January, PER effects, etc. putting in question the notion of market...
Persistent link: https://www.econbiz.de/10008728054