The issue of performance measurement in the hedge fund industry has led to literature that
is both abundant and controversial. The explanation for this complexity lies in the particular …

In this article the authors provide a critical analysis of various methodologies involved in"
passive replication" of hedge fund returns, a subject that has received renewed interest …

This paper, which is being written to provide an overview of the multitude of publications we
have seen on hedge fund performance, is the result of a reading and analysis of about 200 …

In the hedge fund universe, where it is frequently said that performance is extracted from
managers, reflecting active asset management, the implementation of hedge fund indices may …

In recent months, concerns have been raised about the profitability prospects for hedge funds.
This article argues that market participants' pessimistic view of the hedge fund industry's …

The goal of modelling is to find one or more factors that offer the best explanatory power for a
given variable. Applied to hedge fund returns, it allows their sources to be better understood…

High-conviction funds, beta-one funds, short extension funds, limited-shorting funds, long-enhanced
funds, active extension funds, hedge-fund lite: there is a wide range of terms for …

Localizing and measuring aerosol deposition is essential to improve our knowledge regarding
contaminants and their transfer mechanisms, the cleanliness of people’s environments …