Offshore Hedge Funds: Survival and Performance 1989-1995

Preprint
Publisher Website
Google Scholar
    • preprint
      • Published in RePEc
Abstract
We examine the performance of the off-shore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds, low covariance with the U.S. stock market, evidence of positive risk-adjusted returns over the time period, but little evidence of differential manager skill. _ID=2307#Paper Download" >here

This publication has 0 references indexed in Scilit: