Race influences professional investors’ financial judgments
Published:
05/2019
... across mutual funds, hedge funds, real estate, and private equity, fewer than 1.3% are managed by women and people of ... asset allocators to determine whether there are biases in their evaluations of funds led by people of color, and, if ... teams at weaker performance levels, asset alloca- tors did not express a high likelihood of investing in these teams. ...