UBS Alternative Investments, 16 February 2011
14 Pages Posted: 3 Mar 2011 Last revised: 28 May 2013
Date Written: February 1, 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).
Suggested Citation: Suggested Citation
Jain, Sameer, Asset Characteristics of Hedge Funds (February 1, 2011). UBS Alternative Investments, 16 February 2011. Available at SSRN: https://ssrn.com/abstract=1773950 or http://dx.doi.org/10.2139/ssrn.1773950