Hedge Fund Performance Persistence over Different …
Hedge fund Performance Persistence over Different market conditions Zheng Sun Ashley W. Wang University of California at Irvine Federal Reserve Board Lu Zheng University of California at Irvine This draft: April 2014 We provide novel evidence that Hedge fund Performance is persistent following periods of relative Hedge fund market weakness, but not following periods of relative market strength. Specifically, we construct two Performance measures, DownsideReturns and UpsideReturns, conditioning on whether the overall Hedge fund market return is below or above its sample median.
Hedge Fund Performance Persistence over Different Market Conditions Zheng Sun Ashley W. Wang
Download Hedge Fund Performance Persistence over Different …
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
Related search queries
9 Financial Instruments Advisory Services, A ROADMAP FOR THE ROADMAP, Measurement, ATTRIBUTING PERFORMANCE IN FUND OF, Hedge Fund, Hedge Fund Performance Measurement and Attribution, Active versus Passive Equity Managers Using, Fund, Practice of Operational Risk Management, Practice of Operational Risk Management in Technology, Designing The Ideal Investment Policy