Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122023935> ?p ?o ?g. }
- W3122023935 endingPage "3561" @default.
- W3122023935 startingPage "3531" @default.
- W3122023935 abstract "This article analyzes the relationship between the risk-adjusted performance of hedge funds and their proximity to investments using data on Asia-focused hedge funds. I find, relative to an augmented Fung and Hsieh (2004) factor model, that hedge funds with a physical presence (head or research office) in their investment region outperform other hedge funds by 3.72% per year. The local information advantage is pervasive across all major geographical regions, but is strongest for emerging market funds and funds holding illiquid securities. These results are robust to adjustments for fund fees, serial correlation, backfill bias, and incubation bias. I show also that distant funds, especially those based in the United States and the United Kingdom, are able to raise more capital, charge higher fees, and set longer redemption periods, despite their underperformance relative to nearby funds. It appears that distant funds trade investment performance for better access to capital." @default.
- W3122023935 created "2021-02-01" @default.
- W3122023935 creator A5086731509 @default.
- W3122023935 date "2009-02-10" @default.
- W3122023935 modified "2023-10-18" @default.
- W3122023935 title "The Geography of Hedge Funds" @default.
- W3122023935 cites W1984743680 @default.
- W3122023935 cites W2039352825 @default.
- W3122023935 cites W2047260288 @default.
- W3122023935 cites W2054240155 @default.
- W3122023935 cites W2091637085 @default.
- W3122023935 cites W2095434538 @default.
- W3122023935 cites W2096583272 @default.
- W3122023935 cites W2098996963 @default.
- W3122023935 cites W2101434526 @default.
- W3122023935 cites W2101833972 @default.
- W3122023935 cites W2104795328 @default.
- W3122023935 cites W2113232365 @default.
- W3122023935 cites W2118205861 @default.
- W3122023935 cites W2118320195 @default.
- W3122023935 cites W2171168084 @default.
- W3122023935 cites W3022326679 @default.
- W3122023935 cites W3023582314 @default.
- W3122023935 cites W3121479022 @default.
- W3122023935 cites W3121519629 @default.
- W3122023935 cites W3122149394 @default.
- W3122023935 cites W3122245420 @default.
- W3122023935 cites W3122328496 @default.
- W3122023935 cites W3122531067 @default.
- W3122023935 cites W3122833861 @default.
- W3122023935 cites W3123649118 @default.
- W3122023935 cites W3123713399 @default.
- W3122023935 cites W3123722107 @default.
- W3122023935 cites W3124447204 @default.
- W3122023935 cites W3124792793 @default.
- W3122023935 cites W3124841571 @default.
- W3122023935 cites W3125058002 @default.
- W3122023935 cites W3125087107 @default.
- W3122023935 cites W3125500800 @default.
- W3122023935 cites W3126064374 @default.
- W3122023935 doi "https://doi.org/10.1093/rfs/hhp007" @default.
- W3122023935 hasPublicationYear "2009" @default.
- W3122023935 type Work @default.
- W3122023935 sameAs 3122023935 @default.
- W3122023935 citedByCount "181" @default.
- W3122023935 countsByYear W31220239352012 @default.
- W3122023935 countsByYear W31220239352013 @default.
- W3122023935 countsByYear W31220239352014 @default.
- W3122023935 countsByYear W31220239352015 @default.
- W3122023935 countsByYear W31220239352016 @default.
- W3122023935 countsByYear W31220239352017 @default.
- W3122023935 countsByYear W31220239352018 @default.
- W3122023935 countsByYear W31220239352019 @default.
- W3122023935 countsByYear W31220239352020 @default.
- W3122023935 countsByYear W31220239352021 @default.
- W3122023935 countsByYear W31220239352022 @default.
- W3122023935 countsByYear W31220239352023 @default.
- W3122023935 crossrefType "journal-article" @default.
- W3122023935 hasAuthorship W3122023935A5086731509 @default.
- W3122023935 hasBestOaLocation W31220239352 @default.
- W3122023935 hasConcept C10138342 @default.
- W3122023935 hasConcept C144133560 @default.
- W3122023935 hasConcept C155301685 @default.
- W3122023935 hasConcept C162324750 @default.
- W3122023935 hasConcept C166957645 @default.
- W3122023935 hasConcept C17744445 @default.
- W3122023935 hasConcept C18123600 @default.
- W3122023935 hasConcept C183582576 @default.
- W3122023935 hasConcept C199539241 @default.
- W3122023935 hasConcept C204434749 @default.
- W3122023935 hasConcept C205649164 @default.
- W3122023935 hasConcept C206757995 @default.
- W3122023935 hasConcept C27548731 @default.
- W3122023935 hasConcept C34375142 @default.
- W3122023935 hasConcept C39389867 @default.
- W3122023935 hasConcept C43089589 @default.
- W3122023935 hasConcept C556758197 @default.
- W3122023935 hasConcept C64589626 @default.
- W3122023935 hasConcept C68387835 @default.
- W3122023935 hasConcept C83646750 @default.
- W3122023935 hasConcept C94625758 @default.
- W3122023935 hasConceptScore W3122023935C10138342 @default.
- W3122023935 hasConceptScore W3122023935C144133560 @default.
- W3122023935 hasConceptScore W3122023935C155301685 @default.
- W3122023935 hasConceptScore W3122023935C162324750 @default.
- W3122023935 hasConceptScore W3122023935C166957645 @default.
- W3122023935 hasConceptScore W3122023935C17744445 @default.
- W3122023935 hasConceptScore W3122023935C18123600 @default.
- W3122023935 hasConceptScore W3122023935C183582576 @default.
- W3122023935 hasConceptScore W3122023935C199539241 @default.
- W3122023935 hasConceptScore W3122023935C204434749 @default.
- W3122023935 hasConceptScore W3122023935C205649164 @default.
- W3122023935 hasConceptScore W3122023935C206757995 @default.
- W3122023935 hasConceptScore W3122023935C27548731 @default.
- W3122023935 hasConceptScore W3122023935C34375142 @default.
- W3122023935 hasConceptScore W3122023935C39389867 @default.
- W3122023935 hasConceptScore W3122023935C43089589 @default.
- W3122023935 hasConceptScore W3122023935C556758197 @default.