High returns, low volatility, and essentially no correlation with market indices. These are the arguments of many investment advisers to attract institutional investors to hedge funds.
Referring to hedge fund standard textbook models and portfolio optimisation techniques may blur manager views on the risks they incur. Can standard portfolio management tools be transposed to hedge funds? How can the idiosyncratic properties of the categorisation of hedge fund strategies be reflected in a marke
The week on Risk.net, July 14–20, 2017Receive this by email