{"product_id":"are-manager-characteristics-affecting-the-performance-of-hedge-funds-a-study-on-swedish-data-von-marie-lundberg-helena-blom","title":"Are Manager Characteristics Affecting the Performance of Hedge Funds?","description":"\u003cp\u003eThe purpose of this thesis is to examine if and how the hedge fund manager's background  characteristics and strategy applied affect the fund's performance, as measured by average  monthly return, risk and risk-adjusted monthly return. This is done by collecting data on 41  different hedge fund managers in Sweden and then performing robust OLS regressions. Our  main results are that applying a long-short equity strategy generates higher return, higher  risk, and higher risk-adjusted return compared to the other strategies. Hedge fund managers  with previous studies in business and economics generate lower return, take on less risk and  generate lower risk-adjusted return. We find modest evidence of lower risk taking among  former students of Lund University. Investing private funds in the hedge fund are found to  have a negative impact on risk-adjusted return.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659130274\"\u003e\u003ch3\u003eA study on swedish data\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783659130274","offer_id":39439656878173,"sku":"9783659130274","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/354a47d4-f7ba-437b-b436-6b6026d28653.jpg?v=1776053658","url":"https:\/\/shop.autorenwelt.de\/products\/are-manager-characteristics-affecting-the-performance-of-hedge-funds-a-study-on-swedish-data-von-marie-lundberg-helena-blom","provider":"Autorenwelt Shop","version":"1.0","type":"link"}