This paper investigates whether the increase in assets flowing into the hedge fund industry
diminishes returns and, in particular, whether larger hedge funds underperform smaller …

Capacity issues based on large inflows in well-performing hedge funds are among the most
frequently discussed concerns in the hedge fund industry. In this article the impact of asset …

Funds of hedge funds generally have extensive resources dedicated to the evaluation of
hedge funds and provide diversified portfolios of individual managers. Funds of hedge funds …

Since the late nineties, hedge funds have gained widespread acceptance due to the
perception of high risk-return characteristics and distinct correlation properties compared to …

A central role of the farm operator, and one that determines the ability of the operator to cope
with uncertainty, is the making of decisions. The situations which necessitate decisions on …

A central role of the farm operator, and one that determines the ability of the operator to cope
with uncertainty, is the making of decisions. The situations which necessitate decisions on …

The author first observes that, in recent years, hedge funds have enjoyed a significant
increase in capital investment. This fact, along with the considerable media attention paid to …

We provide evidence consistent with scale diseconomies for hedge funds being related to
the aggregate assets pursing particular investment strategies. This study extends Forsberg, …

We relate capacity constraints for hedge funds to the size of their cohort, measured by the
total assets of funds applying a similar strategy identified using return correlations. Fund …

Previous cross-sectional studies on covert orienting of visual attention in schizophrenia have
been inconsistent. In the present longitudinal study, we examined 40 medicated acutely ill …