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Felix Goltz

Ways to remedy the overstated performance of non-investable hedge fund indexes

Survivorship bias is one of the biggest causes of grossly overstated hedge fund index performance. Considering the returns of surviving funds alone leads to a strong upward bias.

Hedge Funds Review | 23 Dec 2010

academic-index

Reviewing the use of alternative asset class ETFs

Investors have extended the use of exchange traded funds (ETFs) to alternative investments. Commodities, infrastructure and real estate are popular but hedge funds less so.

Hedge Funds Review | 09 Aug 2010secure

Beyond diversification: absolute return funds of ETFs

In the March article we drew on a recent Edhec-Risk Institute publication on risk control through dynamic core-satellite portfolios of exchange traded funds (ETFs) supported by Amundi (1) to look at the......

Hedge Funds Review | 07 Apr 2010secure

Fund performance raises specific issues

Unlike the returns of common stocks and mutual funds, hedge fund returns are generally not normally distributed.1,i This has considerable consequences on a number of hedge fund risk measures, as presented......

Hedge Funds Review | 12 Oct 2009secure

Mixed fortunes predicted for alternative asset class ETFs

Alternative asset class exchange traded funds (ETFs) enable investors to gain simple access to alternative investment opportunities such as hedge funds, commodities, real estate or currency baskets.

Hedge Funds Review | 01 Jul 2009secure

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