Illiquidity risk in non-listed funds: Evidence from REIT fund exits and redemption suspensions
JA Wiley - The Journal of Real Estate Finance and Economics, 2014 - Springer
Managerial incentives are skewed in non-listed funds under finite horizons. Compensation
structures are only indirectly related to shareholder wealth maximization when share prices …
structures are only indirectly related to shareholder wealth maximization when share prices …
Investor Behavior, Reporting Intervals and Hedge Fund Stability
In the 2000's large hedge funds became major investors in illiquid assets. When returns
were steady, inflows and outflows of capital balanced each other out. But, in 2008 and 2009 …
were steady, inflows and outflows of capital balanced each other out. But, in 2008 and 2009 …
[PDF][PDF] De rol van illiquide beleggingen bij het volgen van recente AFM-leidraden
A Loonen - VBA Journaal, 2013 - research.vu.nl
Dat hedgefondsen (en zeker van 'fund-offunds') een beperkte verhandelbaarheid kennen, is
binnen de financiële sector breed bekend. Vaak worden aan-en verkooptransacties in …
binnen de financiële sector breed bekend. Vaak worden aan-en verkooptransacties in …