{"id":"https://openalex.org/W1597568294","doi":"https://doi.org/10.1007/978-3-319-03395-2_2","title":"The Effects of Management and Provision Accounts on Hedge Fund Returns - Part I: The HighWater Mark Scheme","display_name":"The Effects of Management and Provision Accounts on Hedge Fund Returns - Part I: The HighWater Mark Scheme","publication_year":2013,"publication_date":"2013-11-16","ids":{"openalex":"https://openalex.org/W1597568294","doi":"https://doi.org/10.1007/978-3-319-03395-2_2","mag":"1597568294"},"language":"en","primary_location":{"id":"doi:10.1007/978-3-319-03395-2_2","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-319-03395-2_2","pdf_url":null,"source":{"id":"https://openalex.org/S2764905038","display_name":"Advances in intelligent systems and computing","issn_l":"2194-5357","issn":["2194-5357","2194-5365"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Intelligent Systems and Computing","raw_type":"book-chapter"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064864389","display_name":"Serge Darolles","orcid":"https://orcid.org/0000-0002-3593-7392"},"institutions":[{"id":"https://openalex.org/I56435720","display_name":"Universit\u00e9 Paris Dauphine-PSL","ror":"https://ror.org/052bz7812","country_code":"FR","type":"education","lineage":["https://openalex.org/I2746051580","https://openalex.org/I56435720"]},{"id":"https://openalex.org/I4210137396","display_name":"Centre de Recherche en \u00c9conomie et Statistique","ror":"https://ror.org/0449khs19","country_code":"FR","type":"facility","lineage":["https://openalex.org/I1294671590","https://openalex.org/I1294671590","https://openalex.org/I142476485","https://openalex.org/I4210108488","https://openalex.org/I4210108488","https://openalex.org/I4210137396","https://openalex.org/I4210145102","https://openalex.org/I4210145102","https://openalex.org/I4210150854","https://openalex.org/I84009706"]}],"countries":["FR"],"is_corresponding":true,"raw_author_name":"Serge Darolles","raw_affiliation_strings":["Universite Paris-Dauphine and CREST, Paris cedex 16, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universite Paris-Dauphine and CREST, Paris cedex 16, France","institution_ids":["https://openalex.org/I56435720","https://openalex.org/I4210137396"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039946949","display_name":"Christian Gouri\u00e9roux","orcid":null},"institutions":[{"id":"https://openalex.org/I185261750","display_name":"University of Toronto","ror":"https://ror.org/03dbr7087","country_code":"CA","type":"education","lineage":["https://openalex.org/I185261750"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Christian Gourieroux","raw_affiliation_strings":["CREST and University of Toronto, Toronto, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"CREST and University of Toronto, Toronto, Canada","institution_ids":["https://openalex.org/I185261750"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5064864389"],"corresponding_institution_ids":["https://openalex.org/I4210137396","https://openalex.org/I56435720"],"apc_list":null,"apc_paid":null,"fwci":1.3864,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.85617569,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"23","last_page":"45"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994000196456909,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9873999953269958,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9842000007629395,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/hedge-fund","display_name":"Hedge fund","score":0.8137153387069702},{"id":"https://openalex.org/keywords/risk-appetite","display_name":"Risk appetite","score":0.637556791305542},{"id":"https://openalex.org/keywords/returns-based-style-analysis","display_name":"Returns-based style analysis","score":0.6310020685195923},{"id":"https://openalex.org/keywords/active-management","display_name":"Active management","score":0.5927430391311646},{"id":"https://openalex.org/keywords/performance-fee","display_name":"Performance fee","score":0.5627521872520447},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.5067763924598694},{"id":"https://openalex.org/keywords/hedge-accounting","display_name":"Hedge accounting","score":0.49767258763313293},{"id":"https://openalex.org/keywords/alternative-beta","display_name":"Alternative beta","score":0.49490612745285034},{"id":"https://openalex.org/keywords/market-neutral","display_name":"Market neutral","score":0.46840235590934753},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.45437902212142944},{"id":"https://openalex.org/keywords/investment-management","display_name":"Investment management","score":0.4433040916919708},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4260070025920868},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.41339388489723206},{"id":"https://openalex.org/keywords/project-portfolio-management","display_name":"Project portfolio management","score":0.38031136989593506},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.37788453698158264},{"id":"https://openalex.org/keywords/open-end-fund","display_name":"Open-end fund","score":0.3662370443344116},{"id":"https://openalex.org/keywords/fund-of-funds","display_name":"Fund of funds","score":0.25291746854782104},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.23504531383514404},{"id":"https://openalex.org/keywords/fund-administration","display_name":"Fund administration","score":0.23248112201690674},{"id":"https://openalex.org/keywords/risk-management","display_name":"Risk management","score":0.21168085932731628},{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.21004098653793335},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"Corporate governance","score":0.16285181045532227},{"id":"https://openalex.org/keywords/institutional-investor","display_name":"Institutional investor","score":0.14691704511642456}],"concepts":[{"id":"https://openalex.org/C204434749","wikidata":"https://www.wikidata.org/wiki/Q105611","display_name":"Hedge fund","level":2,"score":0.8137153387069702},{"id":"https://openalex.org/C112723951","wikidata":"https://www.wikidata.org/wiki/Q7336262","display_name":"Risk appetite","level":3,"score":0.637556791305542},{"id":"https://openalex.org/C40331085","wikidata":"https://www.wikidata.org/wiki/Q17082595","display_name":"Returns-based style analysis","level":5,"score":0.6310020685195923},{"id":"https://openalex.org/C101026917","wikidata":"https://www.wikidata.org/wiki/Q4677563","display_name":"Active management","level":4,"score":0.5927430391311646},{"id":"https://openalex.org/C68387835","wikidata":"https://www.wikidata.org/wiki/Q7168236","display_name":"Performance fee","level":5,"score":0.5627521872520447},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.5067763924598694},{"id":"https://openalex.org/C36444102","wikidata":"https://www.wikidata.org/wiki/Q1593242","display_name":"Hedge accounting","level":5,"score":0.49767258763313293},{"id":"https://openalex.org/C18123600","wikidata":"https://www.wikidata.org/wiki/Q4736495","display_name":"Alternative beta","level":5,"score":0.49490612745285034},{"id":"https://openalex.org/C95982191","wikidata":"https://www.wikidata.org/wiki/Q3338729","display_name":"Market neutral","level":3,"score":0.46840235590934753},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.45437902212142944},{"id":"https://openalex.org/C189188589","wikidata":"https://www.wikidata.org/wiki/Q14864997","display_name":"Investment management","level":3,"score":0.4433040916919708},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4260070025920868},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.41339388489723206},{"id":"https://openalex.org/C74510933","wikidata":"https://www.wikidata.org/wiki/Q1936145","display_name":"Project portfolio management","level":3,"score":0.38031136989593506},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.37788453698158264},{"id":"https://openalex.org/C155301685","wikidata":"https://www.wikidata.org/wiki/Q493177","display_name":"Open-end fund","level":4,"score":0.3662370443344116},{"id":"https://openalex.org/C34375142","wikidata":"https://www.wikidata.org/wiki/Q1156684","display_name":"Fund of funds","level":3,"score":0.25291746854782104},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23504531383514404},{"id":"https://openalex.org/C55286048","wikidata":"https://www.wikidata.org/wiki/Q5508875","display_name":"Fund administration","level":4,"score":0.23248112201690674},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.21168085932731628},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.21004098653793335},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.16285181045532227},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.14691704511642456},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/978-3-319-03395-2_2","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-319-03395-2_2","pdf_url":null,"source":{"id":"https://openalex.org/S2764905038","display_name":"Advances in intelligent systems and computing","issn_l":"2194-5357","issn":["2194-5357","2194-5365"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Intelligent Systems and Computing","raw_type":"book-chapter"},{"id":"pmh:oai:basepub.dauphine.fr:123456789/12360","is_oa":false,"landing_page_url":"https://basepub.dauphine.fr/handle/123456789/12360","pdf_url":null,"source":{"id":"https://openalex.org/S4306401007","display_name":"Base Institutionnelle de Recherche de l'universit\u00e9 Paris-Dauphine (BIRD) (University Paris-Dauphine)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I102197404","host_organization_name":"Universit\u00e9 Paris-Sud","host_organization_lineage":["https://openalex.org/I102197404"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Communication / Conf\u00e9rence"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W54207589","https://openalex.org/W1535689967","https://openalex.org/W1602890235","https://openalex.org/W1605108480","https://openalex.org/W1971820601","https://openalex.org/W1998402685","https://openalex.org/W2016116986","https://openalex.org/W2033772453","https://openalex.org/W2077115352","https://openalex.org/W2078935796","https://openalex.org/W2083743865","https://openalex.org/W2095434538","https://openalex.org/W2098996963","https://openalex.org/W2108440230","https://openalex.org/W2114600177","https://openalex.org/W2122820457","https://openalex.org/W2130684388","https://openalex.org/W2154267698","https://openalex.org/W2157815173","https://openalex.org/W2201511231","https://openalex.org/W3121737315","https://openalex.org/W3122033083","https://openalex.org/W3122584155","https://openalex.org/W3123109513","https://openalex.org/W3123649118","https://openalex.org/W3123739613","https://openalex.org/W3124462076","https://openalex.org/W3124792793","https://openalex.org/W3125098629","https://openalex.org/W3125148089","https://openalex.org/W3126082197","https://openalex.org/W4243840727"],"related_works":["https://openalex.org/W3124642956","https://openalex.org/W4256293078","https://openalex.org/W2062066484","https://openalex.org/W1029860563","https://openalex.org/W1534918704","https://openalex.org/W612702940","https://openalex.org/W2969431241","https://openalex.org/W2925179942","https://openalex.org/W3189691642","https://openalex.org/W2898250955"],"abstract_inverted_index":null,"counts_by_year":[{"year":2013,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}