How do you differentiate between skill and luck? What are the characteristics that predict fund manager alpha? Should you pay more attention to qualitative or quantitative assessments?
Some of our most popular papers aim to answer these questions:
This 20 page document from Kevin Ely of Cambridge Associates highlights key characteristics to look for in active equity managers.
This 20 page document analyses the key quantitative and qualitative factors that may be helpful in the fund manager selection process.
David Finstad, OMERS' Director of Hedge Fund Management, writes this short paper, considering what factors need to be taken into consideration when recruiting managers