| 01.10.2012 EDHEC-Risk paper finds that hedge fund alpha is a form of fair reward |
| Beverly Chandler, Opalesque London: A new paper from the Newedge research chair on advanced modelling for alternative investments at EDHEC-Risk evaluates hedge fund performance through a new non linear risk adjustment of returns. 'Robust assessment of Hedge Fund Performance through Nonparametric Discounting’ by Caio Almeida and René Garcia prices exactly the usual set of risk factors consi |