RT Journal Article SR Electronic T1 Rankings of the Largest 25 Hedge Funds during the
2009–2013 Period JF The Journal of Wealth Management FD Institutional Investor Journals SP 78 OP 85 DO 10.3905/jwm.2014.17.1.078 VO 17 IS 1 A1 Greg N. Gregoriou A1 Maher Kooli YR 2014 UL https://pm-research.com/content/17/1/78.abstract 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