PT - JOURNAL ARTICLE AU - David Beeman AU - Kenneth Yip AU - Joshua weinreich AU - Craig Russell AU - Dean Barr TI - Evolution of an Essential Asset Class—Absolute Return Strategies AID - 10.3905/joi.2000.319435 DP - 2000 Nov 30 TA - The Journal of Investing PG - 9--24 VI - 9 IP - 4 4099 - https://pm-research.com/content/9/4/9.short 4100 - https://pm-research.com/content/9/4/9.full AB - 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