During the last two decades, Western European countries have moved forward along the route to economic integration. During the same period, unemployment rates in many of these counties have increased from about 2-3%, to two-digit figures. Currently, Greece, Ireland, Portugal and Spain budget...

In this article, we are going to analyze the building blocks of the Orthodox Church, the successful manipulation of thoughts and the position that the Orthodox Church should keep towards redistribution of incomes. The various problems would be addressed within a religious and governmental...

This article investigate the performance persistence of 736 hedge funds monthly observations of nine style categories, as they include the largest number of hedge funds measured from 1990 to 2003. The sample is free from survivorship bias as it includes funds that has terminated, merged or...

This article examined the performance persistence of 736 hedge funds monthly observations of nine style categories, as they include the largest number of hedge funds measured from January 1990 to January 2003. The sample is free from survivorship bias as it includes funds that has terminated,...

We check for performance persistence of hedge funds in terms of market price average returns in each style category. In addition, we use regression models to test market timing ability. We use a sample of 773 hedge funds both alive and dead to avoid survivorship, self-selection and backfill...

In this article, we investigated a sample of 773 hedge funds to test performance persistence in different time periods. We bootstrapped on the average monthly returns over successive years over the whole period starting from 01/01/1990 to 01/01/2003. The estimated and simulated return was...

The existing literature of performance persistence of hedge funds is mixed due to different methodologies and findings. We use a comprehensive sample of 736 hedge funds to test performance persistence in different time periods. The total sample includes 773 hedge funds. We sort funds into rank...

This article aims at testing empirically the performance persistence of equity market neutral hedge funds. A market neutral strategy combines both long and short positions. The net exposure is equal to zero. The purpose of using such strategy is to eliminate the market risk. Guirguis,(2005),...

This article aims at testing empirically the performance persistence of convertible arbitrage hedge funds. The overall objective and aim of this category is the use of convertible securities. It is expected that the performance of the fund will be greater than the benchmark by using a long...

This article aims at testing empirically the performance persistence of managed futures hedge funds. CTA, commodity trading advisers, or managed futures managers’ trade in the commodity market. Hedge funds use managed futures in terms of indices, treasuries, fixed –income securities and...