PT  - JOURNAL ARTICLE
AU  - Greg N. Gregoriou
TI  - The Market Neutral and Event Driven Cemetery
AID  - 10.3905/jwm.2005.470617
DP  - 2005 Jan 31
TA  - The Journal of Wealth Management
PG  - 67--77
VI  - 7
IP  - 4
4099  - https://pm-research.com/content/7/4/67.short
4100  - https://pm-research.com/content/7/4/67.full
AB  - This article examines the survival of the market neutral and event driven classifications using different survival models. By exploring several predictor variables, the analysis demonstrates that some variables can be used to predict hedge fund survival. The author use the product-limit estimator, life table method, accelerated failure time model, and the Cox proportional hazards model to investigate the survival times of live and dead market neutral and event driven funds over a 12-year period. He finds that millions managed, average monthly return, minimum purchase, and leverage have an impact on the survival of market neutral hedge funds and that only average millions managed and average monthly return have an impact on event driven hedge funds.