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David Hsieh

Bank of America Professor of Finance, Fuqua School of Business, Duke University. 

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Research (SSRN), Research (Duke)
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Fung & Hsieh: Someone definitely yelled “Fire!” in the theater. The question is: what movie were they watching?

August 20th, 2007 | Filed under: Alternative Beta & Hedge Fund Replication

Anecdotal evidence suggests quant funds were all sitting together when pandemonium recently broke out.Read More

Professor David Hsieh Discusses Hedge Funds at Private Function

October 26th, 2006 | Filed under: CAPM / Alpha Theory

AllAboutAlpha Exclusive – On Tuesday evening, AllAboutAlpha’s Editor-in-Chief Alpha Male co-moderated a dinner discussion in an un-named US city featuring “The Hsieh” himself.  Dinner guests included investment leaders from several large pension plans and was hosted by the Canadian Chapter of the Alternative Investment Management Association (AIMA) and portable alpha pioneer, Integra Capital. As you mayRead More

Alpha Comes in Waves

February 20th, 2020 | Filed under: Featured Post, Retail Investing, Newly Added, Alternative Beta & Hedge Fund Replication, Smart Beta, The A.I. Industry, Hedge Funds, Liquid Alternative Investiments, Commodities, Structure of the Hedge Funds Industry, Allocating to A.I.

The brief history of replication funds may already be divided into three waves, the third of which is still in formation. The first wave was about democratization: putting hedge fund strategies in the hands of people who cannot meet the accreditation requirements to invest in hedge funds proper, or ofRead More

Options: When Skewness is Not on the To Do List

August 29th, 2019 | Filed under: Hedge Fund Strategies, Equity Hedge Funds, Newly Added, The A.I. Industry, Hedge Funds, Structure of the Hedge Funds Industry

Which options do hedge funds employ in their portfolios? A recent paper concludes that hedge funds as a trader/investor class prefer liquid high-embedded leverage options without lottery-like skewness. The paper also finds that they are good at what they do. Their equity options plays “deliver superior performance unobtainable by tradingRead More