Comparative Analysis of Hedge Fund Returns

Hedge funds have an absolute return performance objective stated independently of the global market conditions.


Daniel Capocci

Research Associate, EDHEC Risk and Asset Management Research Centre

Nevertheless, they have been compared to classical bond and equity indices by academics since the late 1990s. Independently of their absolute or relative performance, it is of particular importance to determine if some hedge funds consistently outperform their peers. This is exactly the objective of this study: do some hedge funds consistently and significantly outperform others? Do some individual funds or some strategies continuously create alpha in comparison to others?

Type: Working paper
Date: le 02/01/2006
Research Cluster : Finance

See Also

Financial Times ranks EDHEC Executive Education among the Top 10 worldwide
- 23-05-2022
EDHEC Business School’s executive education offers rank among the Top 10 globally...
EDHEC partners with VIVATECH 2022 and offers 400 tickets to EDHEC students
- 20-05-2022
EDHEC is once again a partner of the unmissable tech event of the year, Viva Technology...
(Invitation) Inauguration of the Management in Innovative Health Chair - May 30, 2022 in Paris
- 17-05-2022
Emmanuel Métais, Dean of EDHEC Business School and Christophe Durand, General Manager...
- 10-05-2022
Live on YouTube !