Asset Characteristics of Hedge Funds
Massachusetts Institute of Technology (MIT); Harvard University
February 1, 2011
UBS Alternative Investments, 16 February 2011
Hedge funds are considered an alternative asset class, in contrast with traditional investments such as stock and bonds. One of the reasons to view hedge funds in a somewhat different light than “bread and butter” asset classes is the differing asset characteristics that hedge funds exhibit. This installment of the hedge fund series focuses on these performance characteristics, providing insights into returns and correlations, but also drilling into additional distributional aspects such as skewness and kurtosis (fat tails).
Number of Pages in PDF File: 14
Date posted: March 3, 2011 ; Last revised: May 28, 2013
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo1 in 0.282 seconds