Interest rate contingent claims such as swaptions, caps and floors, callable bonds, mortgage-
backed securities and many balance sheet items are subject to vega risk. Vega risk is …

Despite the rapid rise of the number of liquid alternative mutual funds (LAMFs) available to
retail investors in recent years, few studies have compared how their returns, risk, and other …

Most alternative investments, such as private equity or hedge funds, have historically been
offered mainly as illiquid and less-than-transparent private placements sold to high-net …

Despite the rapid rise of the number of liquid alternative mutual funds (LAMFs) available to
retail investors in recent years, few studies have compared how their return and risk …

A combination of market forces and regulatory reform is calling into question the traditional
distinctions between mutual and hedge funds (Citi Fund Services 2010; Papagiannis 2013) …

We investigate what drives the performance of liquid alternative mutual funds, and if they
offer interesting investment opportunities. We define state space models, apply the Kalman …

The growth of the hedge fund industry and the proliferation of retail alternative funds in
combination with the fundamental reshaping of the regulatory landscape for the hedge fund …

Los administradores de los fondos de pensiones obligatorias, voluntarias, cesantías y
reservas técnicas canalizan el ahorro público y privado, invirtiendo estos recursos en las …