In recent years, a large number of research papers and monographs on the analysis of
hedge fund returns have been published. Typically, the authors of these studies implicitly or …

We find that adding a hedge fund to an optimally weighted portfolio of stocks and T-bills
generally increases the utility of an investor. From a sample of hedge funds with returns from …

Hedge fund factor analysis is growing in popularity. While some investors simply use
traditional factor β s from the stock and bond markets, these factors do not fully explain …

In the past few years there has been an increasing interest in so-called portable alpha
strategies for institutional investors. In a nutshell, these strategies aim at isolating the …

This research study aims to further investigate the ability of hedge funds to deliver alpha.
Also to determine whether if hedge funds were able to deliver alpha, whether they had the …

Although assets invested in hedge funds have grown steadily in recent years there still does
not exist a consensus allocation framework among institutional investors. Despite the …

Die vorliegende Arbeit wurde von der Wirtschaftswissenschaftlichen Fakultät der Heinrich-
Heine-Universität Düsseldorf im Juli 2009 als Dissertation angenommen. Meinen …

Hedge funds are favoured by pension funds, institutional investors, and high wealth
investors for their flexible investment trading strategies and possible diversification benefits …

The performance of hedge funds and other financial institutions has been carefully studied
during the last financial crisis. In our study which spans through a time period of 31 …

This study looks at recent congressional proposals to increase the tax rate on the general
partner's share of a limited partnership's profits, known as carried interest, from the long-term …