Quiz Ch 20 – Debating Hedge Fund Performance
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
What bias challenges the validity of hedge fund returns, linked to the exit of unsuccessful funds and the persistence of successful ones?
What bias challenges the validity of hedge fund returns, linked to the exit of unsuccessful funds and the persistence of successful ones?
Equity hedge funds’ superior returns compared to the S&P 500 Index indicate compensation for which type of risk?
Feeder funds, the fastest-growing category among hedge funds, primarily invest in which asset class?
What is the term used to describe hedge funds that modify their strategies, securities types, and allocations in market sectors based on the fund manager’s outlook?
Which transaction could result in positive arbitrage gains for a hedge fund, given a positive basis and minimal borrowing costs?
How much in assets under management did hedge funds have around 2019?
What attributes are associated with hedge funds?
What percentage of investment profits beyond a predetermined benchmark index does a typical hedge fund incentive bonus usually represent?
What investment avenues are open to hedge funds that are unavailable to mutual funds?
How do hedge fund managers primarily receive compensation?