Calculate effects of fees on returns to hedge fund investors

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In this unit we learned to illustrate the benefits of diversification on portfolio risk. break down the factors that influence exchange rate fluctuations, relate the differences in the regulations that apply to mutual funds and hedge funds, and calculate the effects of fees on the returns to hedge fund investors.

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Lets extend the discussion by examining the practical implications of these concepts. What are the major disadvantages of "return-based measures" for performance measurement?

Reference no: EM13860381

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