The Road Less Traveled: Strategy Distinctiveness and Hedge Fund Performance

By Zheng Sun, Ashley Wang, Lu Zheng. 2012

199 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/bef39f92227a2cfa9462b78a0857a63b417e727f

Citations in the corpus

• Systematic Risk and the Cross-Section of Hedge Fund Returns (2012, unknown): “The literature examining the risk-return characteristics of hedge funds has evolved considerably especially in recent years.1 Sun, Wang, and Zheng (2009) construct a measure of the distinctiveness of a fund’s investment strategy (SDI) and find that higher SDI is associated with better subsequent…”
• Do Hedge Funds’ Exposures to Risk Factors Predict Their Future Returns? (2011, unknown): “Sun, Wang, and Zheng (2009) construct a measure of the distinctiveness of a fund's investment strategy (SDI) and find that higher SDI is associated with better subsequent performance of hedge funds.”