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Cited by 267

The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.

Hedge Funds: Past, Present, and Future

Open access
Stulz, René M·2007·Journal of Economic Perspectives

Abstract

Assets managed by hedge funds have grown faster over the last ten years than assets managed by mutual funds. Hedge funds and mutual funds perform the same economic function, but hedge funds are largely unregulated while mutual funds are tightly regulated. This paper compares the organization, performance, and risks of hedge funds and mutual funds. It then examines whether one can expect increasing convergence between these two investment vehicles and concludes that the performance gap between hedge funds and mutual funds will narrow, that regulatory developments will limit the flexibility of hedge funds, and that hedge funds will become more institutionalized.

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Metadata

Authors
Stulz, R. M.
Venue
Journal of Economic Perspectives
Published
2007-04-01
Volume
21
Issue
2
Pages
175-194
ISSN
0895-3309 (ISSN-L)
OpenAlex
W3123086468
Cited by
267
References
18
FWCI
20.67
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Hedge Funds: Past, Present, and Future. https://app.cochat.ai/papers/10.1257/jep.21.2.175
The paper
Stulz, R. M. (2007). Hedge Funds: Past, Present, and Future. Journal of Economic Perspectives. https://doi.org/10.1257/jep.21.2.175

Data sources

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.