Should Chinese Hedge Fund Managers Have A Major Other Than Economics Or Management

Nowadays Chinese hedge fund has been developing rapidly and has become an important institutional investor in the market.The outstanding performance of hedge funds has enhanced its overall position.Compared with the role of fund managers in mutual funds,the hedge funds have less limitations and with more emphasis on performance.So hedge funds are more likely to reflect the investment ability of fund managers.What kind of hedge fund managers perform better is a question worth studying.A person’s major changes his or her way of thinking.We select managers who have other major besides economics or management as the pointcut of the education background.The study starts from 2010 when csi 300 stock index futures first introduced.We find that the hedge fund managers who have other major besides economics or management have better performance and the risk of his hedge fund product decreases.