Sökning: "1940 Investment Company Act"
Hittade 1 uppsats innehållade orden 1940 Investment Company Act.
1. A Sheep in Wolf's Clothing? A Comparative Analysis of Alternative Mutual Funds and Hedge Funds
D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : This paper analyzes to which extent alternative mutual funds emulate hedge fund strategies and what are the performance drivers for this category of funds. We use a two-step regression process for our analysis and find that alternative mutual funds differ from hedge funds on three main fronts: they fail to generate alpha, they do not share the same factor exposures, and their returns are impacted in a different way by fund-specific features. LÄS MER
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