TY - JOUR T1 - Evolution of an Essential Asset Class—Absolute Return Strategies JF - The Journal of Investing SP - 9 LP - 24 DO - 10.3905/joi.2000.319435 VL - 9 IS - 4 AU - David Beeman AU - Kenneth Yip AU - Joshua weinreich AU - Craig Russell AU - Dean Barr Y1 - 2000/11/30 UR - https://pm-research.com/content/9/4/9.abstract N2 - Over the last 15 years institutional investors have broadly embraced two new asset classes: international equities and private equity. Recently, institutions have begun to consider another new asset class: absolute return strategies known as hedge funds. This paper examines the viability of absolute return strategies for institutional ER -