A Thousand Fibres Connect Us

A new paper looks at hedge fund managers’ social history

STUART FIELDHOUSE

As investors continue to dissect the factors behind hedge fund performance, academic studies too are shedding further light on some previously obscure ingredients to a hedge fund’s success that could in fact be quite critical. Herman Melville once wrote, “A thousand fibres connect us with our fellow men; among those fibres, as sympathetic threads, our actions run as causes, and they come back to us as effects,” and this seems particularly pertinent in today’s increasingly...

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