Limited Attention, Marital Events, and Hedge Funds

We explore the impact of limited attention on investment performance by analyzing the returns of hedge fund managers who are distracted by personal events such as marriage and divorce. We find that marriages and divorces are associated with significantly lower fund alpha, during the six-month period...

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Bibliographic Details
Main Authors: LU, Yan, RAY, Sugata, TEO, Melvyn
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4723
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5722/viewcontent/hedgefund_marriageXI.pdf
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Institution: Singapore Management University
Language: English