These Hedge Funds Do Better. So Why Can’t They Raise More Money?

It’s an enduring paradox: hedge funds run by women and minorities outperform their peers — but run less money.

(Akio Kon/Bloomberg)

(Akio Kon/Bloomberg)

Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperforming assets in the broader hedge fund marketplace.

For the first three quarters of 2019, the HFRI Diversity Index returned 7.54

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