Public hedge funds
Hedge funds managed by listed firms significantly under-perform funds managed by unlisted firms. The under-performance 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...
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| Main Authors: | , |
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2018
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| 在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/5904 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6903/viewcontent/Public_hedge_funds_2018_acceptedv.pdf |
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