Are Manager Characteristics Affecting the Performance of Hedge Funds?

Language: English

Published by LAP Lambert Academic Publishing Nov 2012, 2012

3659130273 / 9783659130274

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This item is printed on demand - Print on Demand Titel. Neuware -The purpose of this thesis is to examine if and how the hedge fund manager's background characteristics and strategy applied affect the fund's performance, as measured by average monthly return, risk and risk-adjusted monthly return. This is done by collecting data on 41 different hedge fund managers in Sweden and then performing robust OLS regressions. Our main results are that applying a long-short equity strategy generates higher return, higher risk, and higher risk-adjusted return compared to the other strategies. Hedge fund managers with previous studies in business and economics generate lower return, take on less risk and generate lower risk-adjusted return. We find modest evidence of lower risk taking among former students of Lund University. Investing private funds in the hedge fund are found to have a negative impact on risk-adjusted return.OmniScriptum SRL, Str. Armeneasca 28/1, office 1, 2012 Chisinau 64 pp. Englisch. …

Seller Inventory # 9783659130274

Title
Are Manager Characteristics Affecting the Performance of Hedge Funds?
Author
Helena Blom
Publisher
LAP Lambert Academic Publishing Nov 2012
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659130273
ISBN 13
9783659130274
Item weight
113 grams
Dimensions
220x150x5 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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