This article aims at testing empirically the major building blocks that affect the performance of fixed income arbitrage hedge funds: incentive fees, management fees, size, age, hurdle rate, high watermark provision and lockup period. These funds engage principally in arbitrage strategies in the...

This article aims at testing empirically the major building blocks that affect the performance of global macro hedge funds: incentive fees, management fees, size, age, hurdle rate, high watermark provision and lockup period. Investment risks are spread over different asset classes and investment...

This article aims at testing empirically the major building blocks that affect the performance of event driven hedge funds: incentive fees, management fees, size, age, hurdle rate, high watermark provision and lockup period. The fund manager primarily is targeting financial, micro and macro...

This article aims at testing empirically the major building blocks that affect the performance of distressed securities hedge funds: incentive fees, management fees, size, age, hurdle rate, high watermark provision and lockup period. Distressed securities are related to the corporate bonds of...

The purpose of this article is to find a reasonable and affordable price until the government accumulate surpluses and establish rehabilitation programs that aim to cover the expenses of the poors, and the beggars related to health, accommodation, food, water, education, and employment. The same...

This article aims at testing empirically the major building blocks that affect the performance of emerging markets hedge funds: incentive fees, management fees, size, age, hurdle rate, high watermark provision and lockup period. Emerging markets hedge funds invests primarily in countries that...

In this article, we are going to explain the benefits and the costs of economic growth. We will analyze the existence of the third world poverty and debt in Africa. Then, we will analyze in detail the different theories of economic growth and relate them to the Christian Orthodox approach. The...

Credit derivative swap of the Greek market is a financial instrument the value of which is derived from an underlying market value incorporating the credit risk of a bond or a loan. They are used to hedge, to speculate on the spreads through arbitrage. The premium that is incorporated in the...

Dornbusch's model was an attempt to explain the reason of deviation of the exchange rates as a consequence that the purchasing power parity, (PPP), does not hold all the time. The good prices were not flexible in either direction on the IS – LM curve. He tried to explain his model by combining...

The business cycle may be caused due to changes in monetary policy of interest rates, fiscal policy, changes in real wages, consumers and suppliers confidence of demand and supply and inventory cycles. This article examines and eliminates time lags and bandwagon effects in the business cycle of...