投资学课后习题答案Chap026.pdfVIP

CHAPTER 26: HEDGE FUNDS CHAPTER 26: HEDGE FUNDS PROBLEM SETS 1. No, a market-neutral edge fund would not be a good candidate for an investor ’s entire retirement portfolio because suc a fund is not a diversified portfolio. T e term ‘market-neutral’ refers to a portfolio position wit respect to a specified market inefficiency. However, t ere could be a role for a market-neutral edge fund in t e investor ’s overall portfolio;