Apr 20 2017
For the 8th VINS-TCFA Lecture Series on April 19, Professor Hong Yan of Shanghai Advanced Institute of Finance (SAIF) presented on the hedge fund performance evaluation to the NYU Shanghai community as well as visiting practitioners in the finance industry.
Yan introduced the China Hedge Fund Index (CHFI), the performance evaluation of quantitative investment, and one of the most popular and preferred investment strategies-- Fund of Hedge Funds (FOHF).
To better present the core of CHFI, Yan elaborated on the China Hedge Fund Research Center’s research database, which demonstrated performance measurements of CHFI and CSI 300 that showed CHFI having better risk-return characteristics than broader market indexes.
Yan also detailed the dynamic management processes involved in FOHF strategies, including positioning of the master fund, portfolio construction, monitoring, risk assessment and portfolio adjustment.