We introduce a framework for strategic asset allocation with alternative investments. Our
framework uses a quantifiable risk preference parameter, λ, instead of a utility function. We …

One-stop-guide to the hedge fund industry, investment and trading strategies adopted by
hedge funds and the industry's regulation. For anyone with an interest in investing or …

We study the portfolio choice problem for an asset-liability investor who invests in stocks,
equity mutual funds, government bonds, short term interest, hedge funds, listed real estate …

According to Eurekahedge Inc., the global hedge fund industry has been experiencing a
bumpy ride since 2016. There was a huge redemption of US $8.7 billion in September 2016 …

Most monthly return distributions of alternative assets are in general not normally distributed.
Further, some have biases (eg survivor ship bias) that distort the risk-return profile. For that …

Despite the poor value delivered, institutional investors prefer to invest in funds of hedge
funds (FOHFs) because of diversification opportunities they offer. Even though geography …

This chapter introduces a framework for strategic asset allocation using alternative
investments along with traditional investments. The approach accounts for time series …

In this paper we provide a review of developments in the fund of funds (FoF) industry as well
as related academic research work. Since the genesis of this sort of financial product in the …

In this paper I focus on analyzing whether Polish absolute return funds, which I call quasi-
hedge funds, add value to a portfolio of an individual investor by reaching higher returns …

The paper examines whether the coronavirus pandemic has affected selected hedge fund
markets (Eurekahedge Hedge Fund Index, Eurekahedge North American Hedge Fund …