Performance measurement is an area of crucial interest in asset valuation and investment management. High volatility as … performance. In this work, we study the performance of 115 Spanish Absolute Return Funds in the period 2010-2015, using the Sharpe …

We reconsider the question of whether beta-centric hedge fund activity is predictive of superior performance. We … deliver superior long term out-of-sample performance compared to top alpha active managers. Beta Activity successfully … partially capturing the explanatory power of such measures in hedge fund performance …

Introducing Data Envelopment Analysis (DEA) -- a quantitative approach to assess the performance of hedge funds, funds …