Diverse hedge funds

• المؤلفون الرئيسيون: LU, Yan, NAIK, Narayan Y., TEO, Melvyn
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2024
• الموضوعات: Capacity constraints; gender diversity; performance; risk patterns; returns; persistence; managers; heteroskedasticity; friendship; Finance and Financial Management; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/7267; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8266/viewcontent/hhad064_pvoa_cc_by.pdf

Hedge fund teams with heterogeneous educational backgrounds, academic specializations, work experiences, genders, and races, outperform homogeneous teams after adjusting for risk and fund characteristics. An event study of manager team transitions, instrumental variable regressions, and an analysis...