Mengungkap Pengaruh Biaya Perdagangan dan Faktor Risiko terhadap Kinerja Hedge Fund

Authors

  • Ngadi Permana Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa
  • Mohammad Chaidir Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa
  • Sri Utami Nurhasanah Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa

DOI:

https://doi.org/10.59603/masman.v2i2.683

Keywords:

Hedge Funds, Liquidity Risk, Portfolio Complexity, Trading Costs, Unobserved Performance

Abstract

This study examines the impact of trading costs and related factors on the unobserved performance of hedge funds through a qualitative literature review approach. The review covers recent studies on explicit and implicit costs, liquidity risk, portfolio complexity, hedge fund size, and risk management strategies. The findings reveal that trading costs significantly affect the net returns of hedge funds, while liquidity risk and portfolio complexity hinder asset management efficiency. Large hedge funds benefit from economies of scale but face challenges in risk management and transparency. The study also highlights that data-driven risk management strategies can enhance long-term return stability. This research underscores the need for a holistic evaluation to understand hedge fund performance and discusses limitations associated with the qualitative approach.

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Published

2024-05-31

How to Cite

Ngadi Permana, Mohammad Chaidir, & Sri Utami Nurhasanah. (2024). Mengungkap Pengaruh Biaya Perdagangan dan Faktor Risiko terhadap Kinerja Hedge Fund. MASMAN Master Manajemen, 2(2), 187–196. https://doi.org/10.59603/masman.v2i2.683

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