...Robert M. Hull; Sungkyu Kwak; Rosemary Walker Purpose The purpose of this paper is to explore if hedge fund variables (HFVs) are associated with long-run compounded raw returns (CRRs) for seasoned equity offering (SEO) firms for a six-year window around the offering month...

...Jarkko Peltomäki Purpose The purpose of this study is to investigate the benefits of using a more diverse derivative strategy of a fund in relation to their performance and risk characteristics. Design/methodology/approach In this study, samples of 3,382 individual hedge funds and 761 funds...

...K. Stephen Haggard; (Grace) Qing Hao; Ying Jenny Zhang Purpose The purpose of this paper is to investigate short‐selling around private investment in public equity (PIPE) issuances, for evidence of manipulative short‐selling by hedge funds. Design/methodology/approach The authors use...

...Timothy A. Kruse; Kazunori Suzuki Purpose This paper seeks to analyse Steel Partners' investments and activism targeting United Industrial, Ronson, and BKF Capital to provide context for the debate surrounding shareholder activism by hedge funds and how incumbent management should cope...

...Susana Yu; Deniz Tudor; Bolong Cao Purpose The purpose of this paper is to examine the ability of hedge funds and funds of hedge funds to generate absolute returns using fund level data. Design/methodology/approach The absolute return profiles are identified using properties of the empirical...

...Greg N. Gregoriou; Razvan Pascalau; Maher Kooli; Sameer Sharma Purpose The purpose of this paper is to examine the possibility of creating hedge funds “clones” using liquid exchange traded instruments. Design/methodology/approach Authors analyze the performance of fixed weight and extended...

...Greg N. Gregoriou; Razvan Pascalau; Greg N. Gregoriou; Razvan Pascalau Purpose The purpose of this paper is to propose that simple measures of linear association are unable to capture accurately the dependence between the survival of hedge funds and funds of funds, respectively. The paper...

...Greg N. Gregoriou; Razvan Pascalau; Dieter Kaiser; Florian Haberfelner Purpose The purpose of this paper is to explore how hedge fund database biases developed during the 2007‐2009 financial crisis. Design/methodology/approach The sample consists of 8,935 hedge funds from the Lipper TASS Hedge...

...Greg N. Gregoriou; Razvan Pascalau; Omid Sabbaghi Purpose The purpose of this paper is to investigate the return performance of different investment strategies in the hedge fund sector, with a particular emphasis on the recent US financial crisis of 2007‐2010. Additionally, the paper aims...