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投资者是否应该投资对冲基金

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摘要 由于对冲基金允许卖空和允许投资复杂的金融衍生产品,和传统共同基金相比,对冲基金在理论上能获得更高的绝对收益。但投资者不能简单运用传统的均值-方差资产组合投资分析框架,来回答是否投资和投资多少对冲基金的问题。投资者应该更加详细地分析每个备选对冲基金的经营管理能力和风险控制能力,才能真正取得与所付出的昂贵的管理费相匹配的投资回报。
作者 邱延冰 李璐
出处 《金融研究》 CSSCI 北大核心 2007年第04B期72-80,共9页 Journal of Financial Research
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