Do, Viet; Faff, Robert W.; Veeraraghavan, Madhu - In: Applied financial economics 19 (2009) 1/3, pp. 27-38
investigate whether Australian hedge fund managers have the ability to outguess the market. Specifically, we test the market … timing and volatility timing skills of fund managers. Our findings show that Australian hedge fund managers do not possess … managers do not have market volatility timing skills, their US counterparts do exhibit such skills. …
