单选题

Which of the following statements regarding biases in hedge fund performance in hedge fund databases is least likely correct?

A、 Only hedge fund managers with good track records enter the database, creating a positive bias.
B、 The correlations between asset class returns are artificially low when underlying assets trade infrequently.
C、 Hedge fund database administrators decide which funds to include in the database to overcome self-selection bias.

【正确答案】 C

【答案解析】

C is correct because hedge fund managers themselves, not database administrators, decide whether they want to be included in a database. Managers who have funds with an unimpressive track record will not wish to have that information exposed.