By Marian Moszoro
Who does a better job in managing money—Democrats or Republicans?
A recent paper of mine—which explores this question using individual partisan contributions and equity hedge fund managers’ performance—received some attention in the media. Here is a link to the paper and to press articles that do a better job than me in explaining the findings:
Chief Investment Officer
How Political Ideology Affects Hedge Fund Performance
An “abnormal” political event can lead to a large disparity in investment performance between Republicans and Democrats, research shows.
By Amy Whyte on July 22, 2016
Reuters
When politics blinded hedge fund managers
Call it Obama derangement syndrome or call it principled objection to monetary and fiscal policy, but Republican-leaning equity hedge funds got their heads handed to them in 2008 and 2009.
By James Saft on July, 27 2016
Bloomberg View
The Party Politics of Stock-Market Investing
Who does a better job of managing money, Republicans or Democrats? Thanks to a new study, we finally have at least a partial answer.
By Tyler Cowen on August 3, 2016
Canadian Investment Review
How could the U.S. election impact hedge fund returns?
New research shows a link between political ideology and manager decision-making.
By Caroline Cakebread on August 10, 2016
Financial Times, FundFire
Democrat Fund Managers Trounced Republicans After Crisis
By Michael Shagrin on August 15, 2016