BLOOMBERG: When Going Gets Tough, Hedge Fund Traders Get Better, Study Says

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Sometimes it takes a crisis to bring out your best.

True in politics and marriage, and also, according to a new study, in active fund management. University of Manchester researchers Xinyu Cui and Olga Kolokolova found that during times of outflows, highly paid traders exhibit above-average stock-picking skills. Their paper is called “Do Hedge Fund Managers Work Harder Under Pressure?”