PT  - JOURNAL ARTICLE
AU  - Greg N. Gregoriou
AU  - Maher Kooli
TI  - Rankings of the Largest 25 Hedge Funds during the<br/>2009–2013 Period
AID  - 10.3905/jwm.2014.17.1.078
DP  - 2014 Apr 30
TA  - The Journal of Wealth Management
PG  - 78--85
VI  - 17
IP  - 1
4099  - https://pm-research.com/content/17/1/78.short
4100  - https://pm-research.com/content/17/1/78.full
AB  - We use the live Barclay Hedge database and examine 25 of the largest onshore and offshore hedge funds during the 2009-2013 period. Our results show that the majority of our considered large hedge funds do a poor job of outperforming the S&P 500 Index over the 5-year after the crisis and a good job of outperforming the HFR hedge fund index. However, large funds have better risk control measures than the S&P 500 over the 5-year period as well as better risk-adjusted returns. The performance persistence tests reveal that during our sample period, winners remain winners.TOPICS: Real assets/alternative investments/private equity, performance measurement