Getting personal

Survey looks at managers’ lives beyond hedge funds

An inaugural survey on the qualitative and subjective performance of investment managers shows key managers at hedge funds have a strong commitment to family and toward living a healthy, well-rounded, philanthropic lifestyle.

The Character and Lifestyle Assessment Investment Survey, conducted by Tradex Global Advisors and The Wealth and Family Management Group, asked money managers to answer questions ranging from their managerial style, ethics, leadership and family life to what extreme sports they participate in, health and wellness, and how they handle stress.

The results “paint a picture of the qualitative side of managers,” said James Rosebush, founder and CEO of The Wealth and Family Management Group, Washington, in a telephone interview. Such information provides “an opportunity also for managers to differentiate themselves with potential investors.”

Mr. Rosebush said investors are looking for more information and data about hedge funds and alternative investment products and that little research is available evaluating the subjective performance of investment managers. Clients are “acutely concerned not only about the numbers ... but also the quality of managers in terms of lifestyle and commitment to customers,” Mr. Rosebush said.

Mr. Rosebush said there were no big surprises in the results outside of the finding that many of the managers surveyed have young children.

The survey consisted of about 50 firms that regularly follow Tradex's hedge fund research.