Side-by-side Management of Hedge Funds and Mutual Funds

• Main Authors: NOHEL, Tom, WANG, Z. Jay, ZHENG, Lu
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2010
• Subjects: Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/bnp_research/10; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1011&context=bnp_research
• Institution: Singapore Management University

We examine situations where the same fund manager simultaneously manages mutual funds and hedge funds. We refer to this as side-by-side management. We document 344 such cases involving 693 mutual funds and 538 hedge funds. Proponents of this practice argue that it is essential to hire and retain sta...