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Age begets wisdom in funds management: Study

Chalk one up for the old guys: a new study has found that, where funds management is concerned, age is correlated with both performance and persistence. “The most consistent result from our estimates of the cross-sectional relationship between manager characteristics and manager skill… are that accumulated wisdom, however this is proxied, has a positive relationship…
Lachlan Maddock | 25th Jan 2022 | More