Reconsidering Funds of Hedge Funds

Chapter 17

Reward-to-Risk Ratios of Funds of Hedge Funds

Yigit Atilgan^∗, Turan G. Bali^† and K. Ozgur Demirtas^∗∗, ^∗Assistant Professor of Finance, Sabanci Universitesi, stanbul, Turkey, ^†Robert S. Parker Chair Professor of Business Administration, Georgetown University, Washington, DC, USA., ^∗∗Professor of Finance, Sabanci Universitesi, stanbul, Turkey

Chapter Outline

17.1. Introduction

17.2. Methodology

17.3. Data and Descriptive Statistics

17.4. Empirical Results

Conclusion

References

17.1 Introduction

Investors base their portfolio asset allocation ...