Sökning: "Jorge Lobo Martin"

Hittade 1 uppsats innehållade orden Jorge Lobo Martin.

  1. 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 ekonomi

    Författare :Paolo Frazzarin; Jorge Lobo Martin; [2015]
    Nyckelord :Alternative Investments; Alternative Mutual Funds; 1940 Investment Company Act; Hedge Funds; Factor Analysis;

    Sammanfattning : 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