What is the True Cost of Active Management? A Comparison of Hedge Funds and Mutual Funds

2012 ◽  
Author(s):  
Jussi Keppo ◽  
Antti Petajisto
CFA Digest ◽  
2007 ◽  
Vol 37 (3) ◽  
pp. 74-76
Author(s):  
Stephen Phillip Huffman

2015 ◽  
Vol 05 (03) ◽  
pp. 1550013
Author(s):  
Timo Korkeamaki ◽  
Danielle Xu

We study institutional appetite for stocks with FX exposure, and find variation among institution types. Institutions that are by their nature more likely to engage in active management of foreign exchange risk in their portfolio, namely mutual funds and hedge funds seek stocks with foreign exchange exposure. Institutions that are constrained by regulation tend to avoid foreign exchange exposure.


Author(s):  
Massimo Massa ◽  
Andrei Simonov ◽  
Shan Yan
Keyword(s):  

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