Study on the relationship between the fund managers´ characteristic and fund performance

The purpose of this study is to explore the relationship between fund managers´ characteristic and fund performance in China. It does an empirical research with the method of OLS, according to the data of the stock and the mixed type open-ended securities investment funds, which operates more than one year by the end of 2009. The study results shows that: Tenure, age, certifications of CFA FRM CPA, fund managers origin from fund managers and fund managers assistants significantly positively related to the fund performance of profitability; While, the experience of securities, MBA (EMBA) degree as well as team size of fund managers significantly negatively related to the fund performance of profitability, other variables´ influence aren´t significant. Meanwhile, the personal characteristics of fund managers don´t affect the fund risk.