Race influences professional investors’ financial judgments
Published:
05/2019
... on their evaluation of a 1-page summary of the fund’s performance his- tory, in which we manipulated the race of ... partner (White or Black) and the strength of the fund’s credentials (stronger or weaker). Asset allocators favored ... about future per- formance (e.g., money raised) for racially homogenous teams than for racially diverse ...
