which individuals and most institutions invest in capital markets. Thus, the evaluation of the performance of mutual funds … fund performance. This method is applied in both mean-variance and higher moment’s framework on data of Greek mutual funds … over the period 2007-2010 with encouraging results. -- mutual funds ; performance evaluation ; kurtosis ; skewness ; data …

Short sellers are perceived as informed, sophisticated investors. Yet little is known about their actual performance …

We provide novel evidence that hedge fund performance is persistent following weak hedge fund markets, but is not … persistent following strong markets. Specifically, we construct two performance measures, DownsideReturns and UpsideReturns … not outperform subsequently. The DownsideReturns can predict future fund performance over a horizon as long as 3 years …