Henn, Jacqueline; Meiner, Iwan - Wirtschaftswissenschaftliches Zentrum <Basel>; Ecole … - 2005
The goal of this chapter is twofold: First, we present an overview of the current researchon hedge fund performance … in thepast and alerts investors to the potential failures of conventional performance measures.Major difficulties in … evaluating the performance of hedge funds are the myriad ofstrategies and the large changes of statistical measures over time …