| 05.09.2023 Opalesque Exclusive: Paper says substantial hedge fund alpha stems from idiosyncratic actions |
| Matthias Knab, Opalesque for New Managers: A new paper "Unobserved Performance of Hedge Funds', authored by Vikas Agarwal, Stefan Ruenzi, and Florian Weigert, is forthcoming at the Journal of Finance. The paper finds that over the period from 1997 to 2017, hedge funds have earned substantial alpha (outperformance against their benchmark) based on their reported returns. However, when in |
| Article source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3288468 - Opalesque is not responsible for the content of external internet sites |