Wednesday, October 12, 2011

 

Hedge Fund Performance and Liquidity Risk

By Ronnie Sadka, Boston College, Carroll School of Management

Sadka’s paper demonstrates that liquidity risk as measured by the covariation of fund returns, with unexpected changes in aggregate liquidity, is an important predictor of hedge fund performance.

Download the full article here. From the September 2011 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

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