The risk profile of hedge funds ______, making performance evaluation ______.

A) can shift rapidly and substantially; challenging
B) can shift rapidly and substantially; straightforward
C) is stable; challenging
D) is stable; straightforward
E) None of the options are correct.

Risk Profile

An evaluation of an individual's willingness and ability to take risks, as well as the risks associated with their investment assets.

Performance Evaluation

The assessment of how investments or portfolios have performed over time, considering factors like return, risk, and comparison to benchmarks.