{"id":53472,"date":"2016-07-14T08:45:40","date_gmt":"2016-07-14T12:45:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53472"},"modified":"2016-07-14T08:45:40","modified_gmt":"2016-07-14T12:45:40","slug":"hedge-funds-suffer-from-a-sameness-thats-hurting-performance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2016\/hedge-funds-suffer-from-a-sameness-thats-hurting-performance.html","title":{"rendered":"Hedge Funds Suffer From A &#8216;Sameness&#8217; That&#8217;s Hurting Performance"},"content":{"rendered":"<p>(Benzinga) Citing Doug Haynes, the president of Steve Cohen&#8217;s investment firm, Point72 Asset Management, Business Insider reported the hedge fund industry has a well-documented performance problem, which is directly connected to a lack of diversity in the industry.<\/p>\n<p>Hedge funds are suffering from groupthink, as they view the world the same way, the report claims. &#8220;It&#8217;s not just [that the potential hire] has the same color and same gender. It&#8217;s that they went to the same schools, studied the same thing, played the same sports,&#8221; said Haynes at a Manhattan event on Tuesday hosted by 100 Women in Hedge Funds.<\/p>\n<p><a href=\"http:\/\/finance.yahoo.com\/news\/hedge-funds-suffer-sameness-thats-175430079.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Benzinga) Citing Doug Haynes, the president of Steve Cohen&#8217;s investment firm, Point72 Asset Management, Business Insider reported the hedge fund industry has a well-documented performance problem, which is directly connected to a lack of diversity in the industry. Hedge funds [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53472","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53472"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53472\/revisions"}],"predecessor-version":[{"id":53473,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53472\/revisions\/53473"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}