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Performance measurement of hedge funds managers

Author

Listed:
  • Cristian TIU

    (Jacobs Management Center, University at Buffalo, Buffalo NY, USA)

  • Cosmin DOBRIN
  • Ion POPA
  • Constantin Bagu

Abstract

This article summarizes criteria used to identify investment talent in (especially hedge fund) managers and stresses the importance of identifying criteria that are not primarily soft but whose validity can be back tested.

Suggested Citation

  • Cristian TIU & Cosmin DOBRIN & Ion POPA & Constantin Bagu, 2008. "Performance measurement of hedge funds managers," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(2), pages 38-48, December.
    • Handle: RePEc:rom:econmn:v:11:y:2008:i:2:p:38-48
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    File URL: https://www.management.ase.ro/reveconomia/2008-2/8.pdf
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    References listed on IDEAS

    as
    1. Jonathan B. Berk & Richard C. Green, 2004. "Mutual Fund Flows and Performance in Rational Markets," Journal of Political Economy, University of Chicago Press, vol. 112(6), pages 1269-1295, December.
    2. Almazan, Andres & Brown, Keith C. & Carlson, Murray & Chapman, David A., 2004. "Why constrain your mutual fund manager?," Journal of Financial Economics, Elsevier, vol. 73(2), pages 289-321, August.
    3. Andrew Ang & Robert J. Hodrick & Yuhang Xing & Xiaoyan Zhang, 2006. "The Cross‐Section of Volatility and Expected Returns," Journal of Finance, American Finance Association, vol. 61(1), pages 259-299, February.
    4. Brown, Stephen J, et al, 1992. "Survivorship Bias in Performance Studies," The Review of Financial Studies, Society for Financial Studies, vol. 5(4), pages 553-580.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Performance; Determinants of performance; Hedge funds;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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