“Top-performing black fund managers face more scrutiny from institutional investors than their white peers, according to a new study conducted by a private investment funds-of-funds firm and a Stanford University ‘do-tank.’
Ashby Monk continues to produce outstanding, informative research on our industry & business of performance measurement & evaluation. Detecting and exposing sub-conscious bias is the hardest task, and this work is outstanding in that regard. The data are an important guide for an area to which the entire industry needs to pay greater attention. This issue is equally important for a hiring manager adding staff to an investment management team as it is for allocators hiring managers. By Amy Whyte