Larger teams hamper fund performance - research

Business psychology consultancy Teamsight's study of 54 UK fund managers from 27 companies found smaller teams controlling fewer vehicles and with greater individual control performed better. The research also revealed enthusiasm, satisfaction and sense of control suffered in larger teams. Eight of the top 10 fund managers were in teams of nine or less, while six of the top 10 managed nine or fewer vehicles. However, the study did show fund managers are positive about other aspects of teamwork, such as information and idea sharing. Teamsight founder Jim Hunter, who conducted the study...