Evaluating Hedge Fund and CTA Performance
Subtitle: Data Envelopment Analysis Approach + CD-ROM
Publisher: Wiley
Published: April 27, 2005
Language: eng
Number of pages: 167
ISBN-13: 9780471681854
First sentence: Since Alfred Winslow Jones created the first hedge fund in 1949, the hedge fund universe has grown to comprise nearly 7,000 funds, in addition to approximately 750 funds of hedge funds (baskets of hedge funds).
Description: "Evaluating Hedge Fund and CTA Performance explains the theory and principles of DEA. It goes beyond explanations to real-life applications of returns to scale, context dependent DEA, and fixed and variable benchmark models. Tables give DEA evaluations of twenty live hedge funds in each of seven different categories. Similar assessments are demonstrated for five live CTAs in six different categories."--Jacket.