William Fung

PI Asset Management, LLC

Chairman

79 Wellington Street West

Suite 3500

Toronto, Ontario M5K 1K7

Canada

  • PI Asset Management, LLC

SCHOLARLY PAPERS

13

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Top 2,042

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15,706

CITATIONS
Rank 11,328

SSRN RANKINGS

Top 11,328

in Total Papers Citations

47

Scholarly Papers (13)

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1.

Hedge Funds: Performance, Risk, and Capital Formation

Downloads 5,744 ( 1,160)
Citation 103

Hedge Funds: Performance, Risk, and Capital Formation

The Journal of Finance, Vol. LXIII, No. 4, August 2008
Number of pages: 44 Posted: 16 Aug 2005 Last Revised: 11 Jul 2011
William Fung, David A. Hsieh, Tarun Ramadorai and Narayan Y. Naik
PI Asset Management, LLC, Duke University - Fuqua School of Business, Imperial College London and London Business School - Institute of Finance and Accounting
Downloads 5,690 (1,153)
Citation 60

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hedge funds, funds-of-funds, performance, alpha, survival, flows, capacity constraints

Hedge Funds: Performance, Risk and Capital Formation

CEPR Discussion Paper No. 5565
Number of pages: 33 Posted: 27 Jun 2006
William Fung, David A. Hsieh, Tarun Ramadorai and Narayan Y. Naik
PI Asset Management, LLC, Duke University - Fuqua School of Business, Imperial College London and London Business School - Institute of Finance and Accounting
Downloads 54 (376,229)
Citation 199
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Hedge funds, performance, alpha, factor models, flow, funds-of-hedge funds

2.

Benchmarks of Hedge Fund Performance: Information Content and Measurement Biases

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Benchmarks of Hedge Fund Performance: Information Content and Measurement Biases

Number of pages: 24 Posted: 20 Aug 2001
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business
Downloads 3,421 (2,791)
Citation 35

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Hedge funds, benchmarks, performance, styles

Benchmarks of Hedge Fund Performance: Information Content and Measurement Biases

Financial Analyst Journal, Forthcoming
Posted: 27 Oct 2001
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business

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Hedge funds, benchmarks, performance, styles

3.

Risk and Return in Convertible Arbitrage: Evidence from the Convertible Bond Market

Journal of Empirical Finance, Forthcoming
Number of pages: 57 Posted: 15 Aug 2008 Last Revised: 15 Jan 2011
Vikas Agarwal, William Fung, Yee Cheng Loon and Narayan Y. Naik
Georgia State University, PI Asset Management, LLC, Securities and Exchange Commission (SEC) and London Business School - Institute of Finance and Accounting
Downloads 2,772 (4,102)
Citation 11

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Hedge Funds, Convertible Bonds, Convertible Arbitrage, Supply, Risk Factors

4.

Asset-Based Hedge-Fund Styles and Portfolio Diversification

Downloads 2,738 ( 4,181)
Citation 7

Asset-Based Hedge-Fund Styles and Portfolio Diversification

Duke University Fuqua School of Business Working Paper
Number of pages: 37 Posted: 12 Aug 2001
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business
Downloads 2,738 (4,090)
Citation 7

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Hedge Fund, Style, Risk, Portfolio Diversification

Asset-Based Hedge-Fund Styles and Portfolio Diversification

Financial Analyst Journal, Forthcoming
Posted: 16 Jul 2002
David A. Hsieh and William Fung
Duke University - Fuqua School of Business and PI Asset Management, LLC

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Hedge Fund, Style, Risk, Portfolio Diversification

5.

Exploring Uncharted Territories of the Hedge Fund Industry: Empirical Characteristics of Mega Hedge Fund Firms

Number of pages: 61 Posted: 15 Oct 2012 Last Revised: 30 Mar 2015
Daniel Edelman, William Fung and David A. Hsieh
Independent, PI Asset Management, LLC and Duke University - Fuqua School of Business
Downloads 645 (39,242)
Citation 9

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hedge funds, asset management

6.

Hedge Fund Franchises

Management Science, Forthcoming
Number of pages: 54 Posted: 24 Dec 2014 Last Revised: 11 Dec 2018
William Fung, David A. Hsieh, Narayan Y. Naik and Melvyn Teo
PI Asset Management, LLC, Duke University - Fuqua School of Business, London Business School - Institute of Finance and Accounting and Singapore Management University - Lee Kong Chian School of Business
Downloads 386 (74,863)
Citation 2

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hedge funds, first funds, follow-on funds, spillover, agency problems

7.

Perspectives: Measurement Biases in Hedge Fund Performance Data: An Update

Financial Analysts Journal, Vol. 65, No. 3, 2009
Posted: 05 Jun 2009
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business

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Performance Measurement and Evaluation, Performance Measurement, Portfolio Management, Hedge Fund Strategies, Alternative Investments, Hedge Fund Strategies

8.

Extracting Portable Alphas from Equity Long-Short Hedge Funds

Journal of Investment Management, Vol. 2, No. 4, Fourth Quarter 2004
Posted: 10 Dec 2004
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business

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Hedge funds

9.

Hedge Fund Benchmarks: A Risk-Based Approach

Financial Analysts Journal, Vol. 60, No. 5, pp. 65-80, September/October 2004
Posted: 05 Nov 2004
William Fung and David A. Hsieh
PI Asset Management, LLC and Duke University - Fuqua School of Business

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Portfolio Management: Hedge Fund Strategies, Alternative Investments: Hedge Fund Strategies, Risk Measurement and Management: Alternative Investments

10.

Asset-Based Style Factors for Hedge Funds

Financial Analysts Journal, Vol. 58, No. 5, September/October 2002
Posted: 20 Mar 2003
David A. Hsieh and William Fung
Duke University - Fuqua School of Business and PI Asset Management, LLC

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Alternative Investments, hedge funds

11.

Hedge-Fund Benchmarks: Information Content and Biases

Financial Analysts Journal, Vol. 58, No. 1
Posted: 02 Mar 2002
David A. Hsieh and William Fung
Duke University - Fuqua School of Business and PI Asset Management, LLC

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12.

The Risk in Hedge Fund Strategies: Theory and Evidence from Trend Followers

The Review of Financial Studies, Vol. 14, No. 2, Summer 2001
Posted: 11 Nov 2001
David A. Hsieh and William Fung
Duke University - Fuqua School of Business and PI Asset Management, LLC

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Hedge fund, risk management, style factors, trend following, options

13.

Performance Characteristics of Hedge Funds and Cta Funds: Natural Vs. Spurious Biases

J of Financial and Quantitative Analysis, September 2000
Posted: 24 Jan 2001
David A. Hsieh and William Fung
Duke University - Fuqua School of Business and PI Asset Management, LLC

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