Public hedge funds
Hedge funds managed by listed firms significantly underperform funds managed by unlisted firms. The underperformance is more severe for funds with low manager deltas, poor governance, and no manager co-investment, or managed by firms whose prices are sensitive to earnings news. Notwithstanding the u...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5220 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6219/viewcontent/SSRN_id2883416.pdf |
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| Institution: | Singapore Management University |
| Language: | English |