RT Journal Article
SR Electronic
T1 Implementation of Hedge Fund Strategies
JF Special Issues
FD Institutional Investor Journals
SP 74
OP 80
VO 2002
IS 1
A1 Ananth N Madhavan
YR 2002
UL https://pm-research.com/content/2002/1/74.abstract
AB Hedge funds expend considerable time and energy in developing investment strategies to generate alpha. The implementation of these ideas, however, is also of critical importance. Transaction costs can substantially reduce and perhaps even eliminate the paper returns to a particular strategy. High turnover and aggressive trading on short-lived information accentuate these problems for hedge funds. This article discusses the essential elements of implementing hedge fund strategies, focusing on all aspects of the investment cycle.