Sat, Apr 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Curse of Adonis – Why good looking people shouldn't try to sell hedge funds

Wednesday, January 30, 2013

Benedicte Gravrand, Opalesque Geneva:

Prof. Dr. Bernd Ankenbrand, Professor of Constructivist Finance at Karlshochschule International University, Germany, has been researching perception and first impressions for a while. In 2011, he presented his findings on the signs by which investors think they can recognize successful hedge fund managers.

The factors that influence investment decisions, he said, are the usual suspects, namely performance, investment strategy, liquidity terms, fees, jurisdiction, reporting, types of structure, service providers. But the perception that the investor has of the hedge fund team is another important factor.

Quoting Machiavelli as saying (in The Prince), ''Men in general judge more from appearances than from reality,’’ Ankenbrand went on to say that first impressions are powerful and rich sources of information about other people.

Of course, whether these impressions are reliable or not is another matter.

Indeed, Ankenbrand noted, people tend to automatically infer personality from faces in as little as 0.1 second. So it seems first impressions could be almost as fast as light.

Further......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n