Many institutional investors use the traditional Sharpe ratio today to examine the risk-adjusted
performance of funds of hedge funds (FOFs). However, this could pose problems due to …

In this paper we apply data envelopment analysis (DEA) to evaluate the performance of
hedge fund classifications. The purpose of alternative investment strategies such as hedge …

This paper examines the survival analysis of hedge funds using various survival models.
Survival analysis has been used in studies of the lifetimes of bonds, labour strikes, marketing …

… Moosa (guru) and Professor Petko Kalev (the true believer in 1502) and Greg dedicates
this book to his mother Evangeline Gregoriou and to his deceased father, Nicholas Gregoriou. …

For more than seventeen years, Bernard Madoff operated what was viewed as one of the
most successful investment strategies in the world. This strategy ultimately collapsed in …

After the cooling off of IPOs since the dot com bubble, Google has rekindled the fire for IPOs.
This IPO reader contains new articles exclusive to this reader by leading academics from …

Many institutions are attracted to diversified portfolios of hedge funds, referred to as Funds of
Hedge Funds (FoHFs). In this article, we examine a new database that separates out for the …

It is now a well-know fact that mergers and acquisitions activity comes in waves. The most
recent wave, the 5th takeover wave of the 1990s, was characterized by an unprecedented …

… Greg N. Gregoriou and Joe Zhu have delivered a superb presentation of both DEA theory
and its empirical evidence. It is a complete presentation of the topic, which enables the reader …

We develop an input-oriented super-efficiency measure in stochastic data envelopment
analysis. A deterministic equivalent of the stochastic super-efficiency model is given. It is shown …