Performance of Hedge Fund Strategies in an Emerging Market: A Study in the Indian Context

Hedge fund investment have virtually become an important indicator of develop of a country in recent time. Hedge fund contributes to develop the economic activities through the wealthy investors and institutions. Hedge funds have increased significantly with popularity and large amount of wealth are introduced in this industry by their strategies. Despite indication of high risk and uncertainty, emerging markets are considered the most attractive investment regions in terms of growth opportunities. The present study attempts to know the performance of hedge fund in Indian emerging market through the various strategies. The study reveals that the five strategies, namely, Arbitrage, Managed future, Event Driven, long and short position, and fixed income of hedge fund.