Offshore Hedge Funds: Survival and Performance 1989-1995

Stephen Brown (), William Goetzmann and Roger G. Ibbotson

New York University, Leonard N. Stern School Finance Department Working Paper Seires from New York University, Leonard N. Stern School of Business-

Abstract: We examine the performance of the off-shore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds, low covariance with the U.S. stock market, evidence of positive risk-adjusted returns over the time period, but little evidence of differential manager skill.

_ID=2307#Paper Download" >here

Date: 1997-01
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Offshore Hedge Funds: Survival and Performance, 1989-1995 (1998)
Working Paper: Offshore Hedge Funds: Survival and Performance 1989-1995 (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:nystfi:96-18

Access Statistics for this paper

More papers in New York University, Leonard N. Stern School Finance Department Working Paper Seires from New York University, Leonard N. Stern School of Business- U.S.A.; New York University, Leonard N. Stern School of Business, Department of Economics . 44 West 4th Street. New York, New York 10012-1126. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().