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April 17, 2015 Money Managers Underperform Financially During a DivorceDuring the six-month period surrounding a hedge-fund manager's divorce, his or her investment performance is an annualized 4.3 percentage points lower than previously, on average, according to a Wall Street Journal report of an unpublished study of 98 marriages and 76 divorces of hedge-fund managers. For two years after a divorce, performance lags by 2.3 percentage points annually when adjusted for risk, the Journal says. |
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