Understanding Investment Funds

1. Introduction
Virginie Terraza, Hery Razafitombo

Part I. New Performance Measure Methodologies

2. Is There a Link between Past Performance and Fund Failure?
Philippe Cogneau, Laurent Bodson, Georges Hübner

3. The Fund Synthetic Index: An Alternative Benchmark for Mutual Funds
Virginie Terraza, Hery Razafitombo

4. Hedge Funds Risk-adjusted Performance Evaluation: A Fuzzy Set Theory-Based Approach
Alfred M. Mbairadjim, Jules Sadefo Kamdem, Michel Terraza

Part II. Advanced Risk Analyses and Modeling

5. Hedge Funds Risk Measurement in the Presence of Persistence Phenomena
Mohamed A. Limam, Rachida Hennani, Michel Terraza

6. Conditioned Higher-Moment Portfolio: Optimization Using Optimal Control
Marc Boissaux, Jang Schiltz

7. The Hazard-Adjusted Portfolio: A New Capital Allocation Scheme from an Extreme-Risk Management Perspective
Falk Laube, Virginie Terraza

8. Mutual Fund Rating: A Symbolic Data Approach
Virginie Terraza, Carole Toque

Keywords: Finance, Risk Management, Investments and Securities, Business Finance, Accounting/Auditing, Banking, Economics, general