Despite their notoriety, hedge funds have attracted relatively little critical attention to date. In
place of such attention, a number of common understandings have emerged that tend to …

This paper undertakes the issue of portfolio insurance from the perspective of a risk-averse
agent requiring his financial wealth to grow at a floored rate in excess of an equity …

In very uncertain times when the economy is in crisis and the markets are highly volatile, the
main interest is to ensure portfolio risk control, to find new investment opportunities and to …

This paper addresses the well-documented tracking error (TE) symmetry issue that
undermines traditional benchmark-driven equity portfolio allocation processes. We first …

Hedge funds are often referred to as absolute return strategies, yet investors are aware that
most hedge funds do in fact take on a variety of systematic and quasi-systematic exposures …

This study revisited the overreaction hypothesis studied by DeBondt and Thaler (1985) to
determine its suitability as a strategy for private investment. Using their same filters from …

Abstract Reconciling Allocation and Selection decisions is one of the most challenging
issues that stand in the way of core-satellite investing. One aspect lying behind this matter is …

A crucial need for Hedge Funds Investors is bridge financing loans. As the market leader
servicing the alternative world, Citco, through its Financial Products division (CFP), provides …

Over the last few years, the development of sophisticated analytical tools and significant
improvements in the accuracy research databases have led to advances in the fields of …