On the Driving Factor of Hedge Funds Performance—R-Squareds, Systematic Risk or Active Risk
碩士 === 國立成功大學 === 財務金融研究所 === 104 === The main purpose of this thesis is to explore whether hedge fund managers who increase exposure to active risk or exposure to systematic risk can generate superior performance. Our results indicate that funds with low systematic risk outperform, on average, fund...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2016
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/6522dj |