The Performance of Listed Hedge Fund Firms
We examine the impact of fund management company listing on hedge fund performance. We find that hedge funds managed by listed firms underperform those managed by unlisted firms by 1.89 per annum after adjusting for risk. Using an event study framework, we show that hedge fund performance deteriorat...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2013
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/bnp_research/23 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1020&context=bnp_research |
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| Institution: | Singapore Management University |
| Language: | English |