Investing in hedge funds: Risks, returns and performance measurement

• 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: Hedge funds; fund management; risk; returns; performance measurement; Corporate Finance; Finance and Financial Management
• 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
• Institution: Singapore Management University

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...