Titlebook: Derivatives and Hedge Funds; Stephen Satchell (Professor of Finance) Book 2016 The Editor(s) (if applicable) and The Author(s) 2016 Deriva

heterodox

Forage飼料

考古學(xué)

Great in Practice, Not in Theory: An Empirical Examination of Covered Call Writingitions when the stock is called out, and benefits from the call premium if the stock is not called out. In the latter instance, income from writing the call mitigates the drag on returns due to stagnancy or decline in the price of a portfolio member.

nitroglycerin

refraction

Modeling Autocallable Structured Products per cent annual growth rate. In just the first 6 months of 2010 there were more than 2500 autocallable products issued. The aggregate face value of newly issued autocallable structured products follows the same pattern, with a surge in 2007 and continued growth since then.

極微小

The Beta Puzzle Revisited: A Panel Study of Hedge Fund Returnsconditional betas and change in net new money flows. Yet, cash holdings are positively correlated with net new money flows. Thus, when cash holdings are high, beta is low, a normal relation. Here, there is an endo-geneity econometric problem that must be dealt with a robust instrumental variable (IV) estimator.

頭盔

Immobilize

完成才會(huì)征服

和諧

Examination of Fund Age and Size and Its Impact on Hedge Fund Performanceund. On the other hand, smaller, younger funds like Integral Capital Management have made headlines for both operational and performance woes. This paper will attempt to examine the performance of hedge funds, classified into six size and age subcategories, to determine if any one group has a performance advantage over the others.