Tuesday, 25 October 2016
Last updated 2 min ago
Sep 19 2010 | 4:10pm ETOriginal publication date: Sep 19, 2010
The hedge fund industry has tripled to around $1.5 trillion in the last decade as investors have pursued alpha from skillful managers and diversification from “alternative betas”. However, the performance in 2008 has raised questions on the value of hedge funds and their role in a portfolio. This analysis provides a framework to address these issues.