Hedge funds do not easily fit into the current way institutions go about investing.
Co-founder of Premia Capital Management, LLCResearch Associate with the EDHEC Risk and Asset Management Research Centre
Based on a survey of recent academic and practitioner research, this article reviews six competing frameworks for how to incorporate hedge funds in institutional portfolios. Each framework has very different implications for institutional asset allocation, manager selection, and benchmarking.
|Research Cluster :||Finance|