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1. Why do hedged mutual funds underperform hedge funds? A study of liquidity risk and IPO first-day returns
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Following the financial crisis, investors have increasingly started to look towards hedged mutual funds providing downside protection in a regulated framework. This is of particular interest to retail investors since the hedged strategies previously have been unavailable to them. READ MORE
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