Resource List
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Journal of Alternative Investments. 2011.Vol. 14, no. 2, pp. 100-105.In this article, the author postulates a framework for aligning interests between investors and managers with respect to liquidity terms, performance compensation, and transparency by the application of terms and conditions.
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Journal of Alternative Investments. 2011.Vol. 14, no. 2, pp. 89-99.Different art objects are likely to be priced by means of different systems of hedonic characteristics; more precisely, different evaluation procedures for high- and low-price items are often postulated. However, the empirical evidence on this point...
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Journal of Alternative Investments. 2011.Vol. 14, no. 2, pp. 65-88.While the impact of backfill bias, survivor bias, and other database construction issues (e.g., onshore versus offshore) on hedge fund performance have received considerable research attention, the impact on hedge fund performance of differences in...
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Journal of Alternative Investments. 2011.Vol. 14, no. 2, pp. 36-64.Increasingly, insurance-linked securities (ILS) are being seen as a source of alternative beta. Modern asset pricing theory suggests a general framework in which risk premia can be systematically modeled. From an investor’s point of view, this...
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Journal of Alternative Investments. 2011.Vol. 14, no. 2, pp. 24-35.In this article, the authors analyze the investment performance of a large database of venture funds sourced from two limited partners. The results suggest that a portfolio of venture capital partnerships can provide an average return that is...