Publication Type

Journal Article

Version

Publisher’s Version

Publication Date

3-2010

Abstract

Why do correlations all go to one when economic conditions turn bad? We review the latest research on funding liquidity (the ease with which hedge funds obtain capital) and discuss its implications on the asset liquidity and valuations of securities held by funds, on subsequent fund performance, and on contagion across hedge fund investment styles.

Keywords

Hedge funds, liquidity, asset liquidity, investment strategies, contagion

Discipline

Finance and Financial Management

Publication

Hedge Fund Insights: Newsletter of the BNP Paribus Hedge Fund Centre at SMU

First Page

2-6

Publisher

BNP Paribus Hedge Fund Centre, Singapore Management University

City or Country

Singapore

Copyright Owner and License

BNP Paribus Hedge Fund Centre, Singapore Management University

Share

COinS