Equity market neutral investing

Investing in Private Equity

Unstable Equity: Combining Banking with Private Equity Investing

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Defensive Equity Investing : Appealing Theory , Disappointing Reality

Executive summary. Conventional wisdom maintains that investors can improve their portfolio's performance during bad times by shifting their equity exposure defensively toward less-cyclical, lower-beta sectors. This paper investigates the strengths and weaknesses of defensive equity investing by focusing on the historical performance of defensive sectors during two periods: U.S. equity bear mar...

Stock Market Investing Using Neural Networks

The fundamental hypothesis of this paper is that certain trends exist in stock market data that, if properly recognized, could be used to invest well on certain stocks. This paper details an attempt to apply neural networks to stock market investing, in order to create an agent that can learn to invest profitably in certain stocks. To accomplish this, a classification scheme is developed which ...

Are “Market Neutral” Hedge Funds Really Market Neutral?

Using a variety of different definitions of “neutrality,” this study presents significant evidence against the neutrality to market risk of hedge funds in a range of style categories. I generalize standard definitions of “market neutrality,” and propose five different neutrality concepts. I suggest statistical tests for each neutrality concept, and apply these tests to a database of monthly ret...