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Rzakhanov et al., 2019 - Google Patents

Competition, scale and hedge fund performance: Evidence from merger arbitrage

Rzakhanov et al., 2019

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Document ID
11638275271653467595
Author
Rzakhanov Z
Jetley G
Publication year
Publication venue
Journal of Economics and Business

External Links

Snippet

The study explores the impact of sector and individual fund's size on performance. We demonstrate that alpha is related to demand for arbitrage capital as much as to its supply. Sector size affects alpha via price impact channel: larger scale depresses merger arbitrage …
Continue reading at www.sciencedirect.com (HTML) (other versions)

Classifications

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    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
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