Three essays on hedge fund fee structure, return smoothing and gross performance

Hedge funds feature special compensation structure compared to traditional investments. Previous studies mainly focus on the provisions and incentive structure of hedge fund contract, such as 2/20, hurdle rates, and high-water mark. The first essay develops an algorithm to empirically estimate the m...

Full description

Bibliographic Details
Main Author: Feng, Shuang
Language:ENG
Published: ScholarWorks@UMass Amherst 2011
Subjects:
Online Access:https://scholarworks.umass.edu/dissertations/AAI3482621

Similar Items