Liquidity as a risk factor:a study of hedge fund style indices exposures
Factor investing has been one of the fundamental alternative investment since Lintner, (1965); Mossin, (1966) and Sharpe, (1964) defined the market risk factor as the systematic risk due to the market in the Capital asset pricing model (CAPM). The premium to these factors means investors are compens...
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| Format: | Dissertation |
| Language: | English |
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University of Oulu
2016
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| Online Access: | http://urn.fi/URN:NBN:fi:oulu-201610072910 http://nbn-resolving.de/urn:nbn:fi:oulu-201610072910 |