
Flow-Performance Relationship of Hedge Funds Before and After the Financial Crisis
By Lucas Cusimano and Ruby Zhang, The University of Chicago
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This paper examines the determinants of U.S. hedge fund flow before and after the financial crisis using comprehensive hedge fund panel data. Hedge funds offer a unique testing ground for hypotheses about investor behavior due to their limited regulation structure. Continue reading Flow-Performance Relationship of Hedge Funds Before and After the Financial Crisis