Bridge over ocean
1 April 2009 Research Foundation

Investing in Hedge Funds: A Survey

  1. Keith Black, CFA
Investing in Hedge Funds: A Survey View the full book (PDF)

Although the media and many investors perceive hedge funds to be uniformly risky, the facts are that little about the hedge fund universe is homogenous. Some hedge funds hedge, whereas others take directional market risks. As a result of the private and opaque nature of hedge fund investing, a multitude of data challenges exist because hedge funds are not required to report their returns to regulators or any single database. Much of the literature describes adjustments and caveats to working with as-reported hedge fund returns and risk data.

We’re using cookies, but you can turn them off in Privacy Settings.  Otherwise, you are agreeing to our use of cookies.  Accepting cookies does not mean that we are collecting personal data. Learn more in our Privacy Policy.