They can carry great economic sway. They’ve been called secretive, and questions have been raised about their potential destabilizing force during times of market turmoil, but they’ve also helped bail out the financial services industry in the United States. So what exactly are sovereign wealth funds and why the sharp words? What are sovereign wealth […]
Have hedge funds performed well because of the market or managers? The growth in hedge fund assets has exploded during the past fifteen years to well over $1 trillion. While aggregate performance has been strong in the past, many have questioned the source of the performance: is it coming from overall market performance or are […]
Economic factors can have an impact on equity market neutral returns Recently, a number of studies have examined the behaviour of hedge fund returns to better understand what drives performance, a key issue related to hedge funds given their lack of transparency. In this study, we focus our research primarily on the “classic” hedge fund […]