Are hedge fund managers skilled?

M Kooli, I Stetsyuk - Global Finance Journal, 2021 - Elsevier
This study measures the skill of hedge fund (HF) managers by calculating the value added
that they extract from capital markets. Applying bootstrapping to control for luck, we find that …

Death and the life hereafter: A study of the subsequent hedge funds

J Yao, B Wu, Y Gao - Finance Research Letters, 2021 - Elsevier
Identifying skilled managers is crucial for investors. In this paper, we present a sample of
hedge fund managers who launched new funds after their previous funds were closed or …