by hedge fund managers. Three quarters of hedge funds shifted their investment styles at least once over the period from …-looking. Instead, we show evidence that managers of style-shifting funds exhibit both style-timing ability and the skill of generating …

support alpha delivery by mutual and hedge fund managers though this critically depends upon model specification. Quantile …

female portfolio manager and funds that have all female portfolio managers. Funds with all female managers perform no … idea that female managers need to perform better for their funds to survive. Yet, female-managed surviving funds have fewer … female and male managers, but that only the best performing female managers manage to survive …