Hedge Funds: Risk and Return

A Financial Analysts Journal Media Seminar

Atanu Saha offers a Q&A session based on his November/December 2005 FAJ article Hedge Funds: Risk and Return (authored with Burton G. Malkiel).

In this webcast presentation, Atanu Saha discusses:

  • The TASS Database
  • Backfill and Survivorship
  • Persistence of Fund Performance
  • Implications for Investors


Photo of Atanu Saha

Atanu Saha is an expert in damages analysis. He has provided expert testimony in matters involving valuation of securities, analysis of risk-return characteristics of investment portfolios, and securities fraud. Dr. Saha is the author of numerous journal articles, book chapters, and monographs, and his research has been cited in the Wall Street Journal, the New York Times, and other leading publications. Previously, Dr. Saha was on the faculty of Texas A&M University.

Dr. Saha’s research on hedge fund performance and reporting, conducted with Burton Malkiel of Princeton University, has attracted significant media attention and debate in the financial community. Their work provides risk-adjusted measures of hedge fund performance, examines the substantial attrition rates of hedge funds, and identifies two substantial biases in the way hedge fund indexes are structured for reporting. The research earned Dr. Saha and Professor Malkiel the 2005 Financial Analysts Journal Graham and Dodd Award for Best Perspectives paper.

This information is accurate as of the date of recording.



  • Risk Management
  • Alternative Investments

Price (USD)

Members: FREE
CFA Program Candidates: FREE
Standard Rate: FREE
University: FREE

Related Links

Burton G. Malkiel and Atanu Saha,
Hedge Funds: Risk and Return,
Financial Analysts Journal v.61 n.6


Length: 36min
Posted: 5/11/2006
Recorded On: 5/11/2006
CE Credits: 0.5 CE
  • Audio Webcast