RT Journal Article SR Electronic T1 Large versus Small Hedge Funds JF The Journal of Alternative Investments FD Institutional Investor Journals SP 75 OP 77 DO 10.3905/jai.2002.319064 VO 5 IS 3 A1 Greg N. Gregoriou A1 Fabrice Rouah YR 2002 UL https://pm-research.com/content/5/3/75.abstract AB The authors examine the returns of hedge funds and funds of hedge funds from 1994 to 1999 to determine whether the size of a fund affects its performance. Previous studies investigating this relationship for mutual funds have yielded mixed conclusions. Among academics, fund size is frequently cited as a deterrent to performance enhancement, especially when a substantial amount of cash is continually injected into the fund. The results of this study suggest that the size of a hedge fund or a fund of hedge funds has no impact on its performance.