Publication Type

Journal Article

Version

Publisher’s Version

Publication Date

12-2010

Abstract

Prior research has shown that small funds, young funds, and local funds outperform their older, larger, and distant counterparts. According to the literature, hedge fund performance is driven by fund capacity constraints, managerial incentives, and local information. I revisit these studies on hedge funds and test whether their results hold up in recent data. By doing so, I lay the foundations for a quantitative hedge fund selection framework.

Keywords

Hedge funds, hedge fund performance, selection

Discipline

Finance and Financial Management

Publication

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

First Page

2-7

Publisher

BNP Paribus Hedge Fund Centre, Singapore Management University

City or Country

Singapore

Share

COinS