Graduation Year
Fall 2013
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Darren Filson
Terms of Use & License Information
Rights Information
© 2013 Travis Tunnell
Abstract
The Hedge fund industry has grown significantly over the past 20 years, and is considered by many to be a part of the optimal portfolio. Using a Market Model, l created the optimal Markowitz portfolio over different business cycles to determine which hedge fund strategies are a part of the optimal portfolio. I determined that Distressed Credit Fixed Income hedge funds are optimal during bull markets, with no strategy being optimal during bear markets.
Recommended Citation
Tunnell, Travis, "Portfolio Optimization Utilizing Hedge Fund Strategies in Different Market Conditions" (2013). CMC Senior Theses. 754.
https://scholarship.claremont.edu/cmc_theses/754
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.