hedge fund benchmarks
so I am wondering if the valid benchmark criteria we learn about in pref Eval is binding to hedge funds. I was doing a pretty old morning test and investability came up, but i don’t notice the chapter talking about non investability making a hedge fund benchmark invalid. i know the Alt chapter has been shrunken in recent years so maybe it was from the older reading. I guess my question is can we use the SAMURAI list from pref eval reading for hedge fund benchmark questions?
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