Hedge Funds 3 Alpha, Beta and Costs Flashcards
1
Q
Into what can the returns of hedge funds be decomposed?
Ibbotson, Chen and Zhu
A
Alphas (value added by hedge funds)
Betas (the systematic market exposure)
Costs (the hedge fund fees)
Trimester 4 > Hedge Funds 3 Alpha, Beta and Costs > Flashcards
Into what can the returns of hedge funds be decomposed?
Ibbotson, Chen and Zhu
Alphas (value added by hedge funds)
Betas (the systematic market exposure)
Costs (the hedge fund fees)