PT  - JOURNAL ARTICLE
AU  - Magnus Könberg
AU  - Martin Lindberg
TI  - Hedge Funds
AID  - 10.3905/jai.2001.318999
DP  - 2001 Jun 30
TA  - The Journal of Alternative Investments
PG  - 21--31
VI  - 4
IP  - 1
4099  - https://pm-research.com/content/4/1/21.short
4100  - https://pm-research.com/content/4/1/21.full
AB  - In recent years, various hedge fund strategies have shown wide swings in returns. In this paper, the authors show that this performance should have been expected. A review of performance under similar economic conditions in the past showed similar results. However, results also show that portfolios using alternative investments are more consistent with future portfolios under a wide range of market environments than portfolios composed only of traditional investments.