Investing in hedge funds: Risks, returns and performance measurement

Hedge funds are collective investment vehicles that are often established with a special legal status that allows their investment managers a free hand to use derivatives, short sell, and exploit leverage to raise returns and cushion risk. We review various issues relating to the investment in hedge...

Full description

Saved in:
Bibliographic Details
Main Authors: KOH, Francis, KOH, Winston T. H., LEE, David K. C., PHOON, Kok Fai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2004
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5163
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6162/viewcontent/SSRN_id637461.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
id sg-smu-ink.lkcsb_research-6162
record_format dspace
spelling sg-smu-ink.lkcsb_research-61622021-05-25T14:36:28Z Investing in hedge funds: Risks, returns and performance measurement KOH, Francis KOH, Winston T. H. LEE, David K. C. PHOON, Kok Fai Hedge funds are collective investment vehicles that are often established with a special legal status that allows their investment managers a free hand to use derivatives, short sell, and exploit leverage to raise returns and cushion risk. We review various issues relating to the investment in hedge funds, which have become popular with high net-worth individuals and institutional investors, as well as discuss their empirical risk and return profiles. The concerns regarding the empirical measurements are highlighted, and meaningful analytical methods are proposed to provide greater risk transparency in performance reporting. We also discuss the development of the hedge fund industry in Asia. 2004-10-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/5163 info:doi/10.2139/ssrn.637461 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6162/viewcontent/SSRN_id637461.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Hedge funds fund management risk returns performance measurement Corporate Finance Finance and Financial Management
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Hedge funds
fund management
risk
returns
performance measurement
Corporate Finance
Finance and Financial Management
spellingShingle Hedge funds
fund management
risk
returns
performance measurement
Corporate Finance
Finance and Financial Management
KOH, Francis
KOH, Winston T. H.
LEE, David K. C.
PHOON, Kok Fai
Investing in hedge funds: Risks, returns and performance measurement
description Hedge funds are collective investment vehicles that are often established with a special legal status that allows their investment managers a free hand to use derivatives, short sell, and exploit leverage to raise returns and cushion risk. We review various issues relating to the investment in hedge funds, which have become popular with high net-worth individuals and institutional investors, as well as discuss their empirical risk and return profiles. The concerns regarding the empirical measurements are highlighted, and meaningful analytical methods are proposed to provide greater risk transparency in performance reporting. We also discuss the development of the hedge fund industry in Asia.
format text
author KOH, Francis
KOH, Winston T. H.
LEE, David K. C.
PHOON, Kok Fai
author_facet KOH, Francis
KOH, Winston T. H.
LEE, David K. C.
PHOON, Kok Fai
author_sort KOH, Francis
title Investing in hedge funds: Risks, returns and performance measurement
title_short Investing in hedge funds: Risks, returns and performance measurement
title_full Investing in hedge funds: Risks, returns and performance measurement
title_fullStr Investing in hedge funds: Risks, returns and performance measurement
title_full_unstemmed Investing in hedge funds: Risks, returns and performance measurement
title_sort investing in hedge funds: risks, returns and performance measurement
publisher Institutional Knowledge at Singapore Management University
publishDate 2004
url https://ink.library.smu.edu.sg/lkcsb_research/5163
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6162/viewcontent/SSRN_id637461.pdf
_version_ 1770573595579252736