It stands for high water mark; an industry standard that is used to determine payment of performance fees (to a...
An industry standard that is used to determine payment of performance fees (to a hedge fund's management). It helps limit...
A form of open-end investment partnership whose main business is the investment in a range of financial securities, using a...
A hedge fund that invests capital mobilized from investors mainly in a specific fund (a central investment vehicle) such as...
A hedge fund that invests capital mobilized from investors mainly in a specific fund (a central investment vehicle) such as...
A bias (distortion) that results from the decision of a hedge fund whether to report its results (returns or performance)...
A bias (distortion) that results from the decision of a hedge fund whether to report its results (returns or performance)...
A bias (distortion) that occurs if the database of hedge funds only includes information on surviving funds, i.e., those that continue to...
A bias (distortion) that results from a lack of liquidity and a lack of marking to market value. This bias is caused by...
A hedge that involves the use of foreign exchange forwards (FX forwards). It consists of an outright purchase of a currency at a forward exchange...