“Limited Attention, Managerial Multitasking, and Hedge Fund Performance in China” has been accepted for publication in Pacific-Basin Finance Journal, an SSCI Q1 journal. The paper is co-authored by Associate Professor Li Lu (the first author), Dr. Li Yang (the corresponding author), Wang Xueding and He Yuqian, doctoral students at the School of Accountancy at Shanghai University of Finance and Economics. Wang and He graduated from the Master of Finance Program in SISU in 2019 and 2017 respectively.
The results of the empirical study suggest that the Chinese fund manager’s distraction resulting from managing multiple fund portfolios simultaneously, may affect and lower the returns of funds. The paper provides some new empirical evidence from China for academic research and offers policy proposals for financial watchdog to develop regulations on hedge funds.
Translated by:
Zhai Yifan
Guo Shuodan
Zhou Xiaoran
Ling Xiaoxiao
Liu Zhiqing