Liquidity risk and the cross-section of hedge-fund returns☆

• 1 October 2010
• journal article
• Published by Elsevier in Journal of Financial Economics
• Vol. 98  (1) , 54-71
• https://doi.org/10.1016/j.jfineco.2010.05.001

Abstract

Keywords

• LIQUIDITY RISK
• HEDGE FUNDS
• PRICE IMPACT
• ASSET PRICING
• G12
• G14
• G23