Offshore Hedge Funds: Survival and Performance 1989-1995
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We examine the performance of the offshore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds and little evidence of differential manager skill. We develop
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美国国家经济研究局创建时间：
1997-01-01
