Does Funds of Hedge Funds Size Matter? Size versus Performance Before, During, and After the Crisis
12.2. FoHFs Post the 2008 Financial Crisis
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
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 ...