A Brief Examination of Returns-Based Analyses of Hedge Funds
5 Pages Posted: 15 May 2015
Date Written: July 23, 2002
This article discusses the state-of-the-art in applying returns-based analyses to hedge funds. The article pays particular attention to those hedge fund strategies where the use of either derivatives or dynamic trading strategies can lead to highly asymmetric outcomes.
Keywords: hedge fund, returns, risk measure, portfolio, Sharpe ratio
JEL Classification: G11, G23
Suggested Citation: Suggested Citation