Hedge-Fund Benchmarks: Information Content and Biases

By William Fung, David A. Hsieh
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Hedge-Fund Benchmarks: Information Content and Biases

Current Hedge Fund Benchmarks Are Poor: Funds of Hedge Funds Provide Better Benchmarks.
A discussion surrounding the information content and current biases in hedge fund benchmarks. Funds of hedge funds are shown to be better.....

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