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Do Size and Age Affect Hedge Fund Returns?
Start-up managers lucky or skillful enough to earn outsize returns early in life report to databases; unlucky start-ups fail in obscurity.
July 25, 2005

Is it true that it is easier for hedge fund managers to generate higher returns when they run less money? Moreover, why is it that we often meet these managers only after they have produced such results, by which time their live

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