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Working Paper

The convexity and concavity of the flow-performance relationship for hedge funds

Guillermo Baquero, Marno Verbeek
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
Hedge funds, flow-performance relation, convexity, concavity, liquidity restrictions, managerial incentives
JEL Code(s)
G11, G23, G14