# Prof. Stephen Brown's research on hedge fund performance data is cited

1 Faculty News April 22, 2012 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://www.ft.com/cms/s/0/7906a304-87e6-11e1-8a47-00144feab49a.html#axzz1sxuPc08W) -- "A 2011 study led by [Stephen Brown](http://www.stern.nyu.edu/faculty/bio/stephen-brown), a professor at New York University Stern School of Business, suggested that at least 14 per cent of hedge funds distribute unverifiable or inaccurate performance data."

[Read more  ](http://www.ft.com/cms/s/0/7906a304-87e6-11e1-8a47-00144feab49a.html#axzz1sxuPc08W)
Additional coverage appeared in [FINalternatives](http://www.finalternatives.com/node/20247).