A comprehensive guide to the burgeoning hedge fund industry Intended as a
comprehensive reference for investors and fund and portfolio managers, Handbook of …

In this paper, the use mean-variance approach for the determination of the benefits of
allocations to hedge funds is critically evaluated. The advantages of investing in hedge …

This paper aims to help explain the rapid growth in aggregate hedge fund assets under
management until June 2008 followed by their subsequent dramatic collapse in terms of the …

The rise of digital technologies in the 21st century has brought about a profound
transformation in the way people live their lives, and this shift is having a significant impact …

In this paper we study the diversification effects from introducing hedge funds into a
traditional portfolio of stocks and bonds. We find that although the inclusion of hedge funds …

The purpose of this book is to present the principles of alternative investments in
management. The individual chapters provide a detailed analysis of various classes of …

Alfred Winslow Jones started a hedge fund in 1949, pioneering the con-cept and strategy of
using hedges to protect his portfolios against market declines. Though hugely successful …

We analyse the risk of portfolios mixing hedge funds, stocks and bonds. The risk of the
portfolios is quantified by the Value-at-Risk and the Expected Shortfall derived from the …

Descriptive statistics of the alternative asset classes are based on quarterly net of fees log
returns data from March 1990 to December 2009. The total number of observations is 80 …

Page 1 |U UUUUUUUUUUUUUU (UUUUUUUUUUUUUUU UUUUUUUUUUUUUU
UQQUQūUUUUUUUUUU UUUUUUUUUUUUUU UQūU UUUUUUUUUUUU º º SOCIETY A …