RT Journal Article
SR Electronic
T1 Hedge Funds
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 21
OP 31
DO 10.3905/jai.2001.318999
VO 4
IS 1
A1 Magnus Könberg
A1 Martin Lindberg
YR 2001
UL https://pm-research.com/content/4/1/21.abstract
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.