Hedge Funds case studies, worked step by step

Cases
100
Traced to a firm
31
Topics
13
Hard
30
Topic
All topicsCredit, distressed and capital structure7Earnings, models and KPIs8Event-driven and merger arbitrage7Fund economics, NAV and LP decisions8Global macro trades7Long pitches and valuation14Manager evaluation and attribution7Pairs and relative value5Portfolio construction and sizing7Risk limits and drawdowns7Short selling6Systematic research and data11Volatility, options and convertibles6
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–3 of 3 · filtered from 100Clear filters
  1. 007Pellora Long-Short Fund returned 9% in a year when the market returned 15%. Its average beta was 0.4 and cash earned 6%. Did it underperform?Manager evaluation and attributionWarm upFund of funds and allocatorsMulti-manager platforms
  2. 057Ambeth Fund and Corlane Fund both returned 12% last year. Ambeth had 8% volatility and a beta of 0.2; Corlane had 15% volatility and a beta of 0.9. The market returned 10% and cash 6%. Which manager showed more skill?Manager evaluation and attributionWarm upFund of funds and allocatorsMulti-manager platforms
  3. 082An analyst at Tavish Capital made 40 trades: 18 winners averaging Rs 1.8 crore and 22 losers averaging Rs 1.0 crore. What is the hit rate, the expectancy per trade, and what would you tell the analyst?Manager evaluation and attributionWarm upFund of funds and allocatorsMulti-manager platforms

Company names and figures are illustrative.