Does Funds of Hedge Funds Size Matter? Size versus Performance Before, During, and After the Crisis
Jeannine Daniel∗ and François-Serge Lhabitant†, ∗Kedge Capital (UK) Ltd, London, UK, †Kedge Capital Fund Management, St Helier, Jersey
Chapter Outline
12.1. Backdrop
12.2. FoHFs Post the 2008 Financial Crisis
12.3. Performance
12.3.1. Pre-2008: Small is Supposed to be Beautiful
12.3.2. An Index Perspective
12.3.3. Post-2008: Size Does Matter
Conclusion
Acknowledgments
References
12.1 Backdrop
Hedge funds are currently managing peak assets of US$2.1 trillion, a quarter of which (US$510 billion) are from funds of hedge funds (FoHFs). These vehicles allow smaller or less sophisticated investors to participate in hedge funds without the ...
Get Reconsidering Funds of Hedge Funds now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
