The Hedge Fund industry has grown to over 3 trillion USD in assets under management yet research on investment strategies and portfolio benefits related to hedge funds has lagged this growth. The deficit is largely due to low-quality data on funds because of limited public disclosure requirements. IPC works with industry partners to expand the breadth and depth of hedge fund data available to academic researchers.
Latest Hedge Funds Research
Activism and Empire Building
We focus on the role of activists in the market for corporate control and provide evidence that activists curb incentives to engage in empire building acquisitions, limiting the scope of one of the most destructive forces in public companies. More
Governance under the Gun: Spillover Effects of Hedge Fund Activism
Hedge fund activism is an important monitoring mechanism associated with substantial improvements in the governance and performance of targets. More
Short Selling Risk
Short sellers face unique risks, such as the risk that stock loans become expensive and the risk that stock loans are recalled. More