Mutual Fund Performance and Performance Persistence

The Impact of Fund Flows and Manager Changes

Paperback Engels 2011 2011e druk 9783834927804
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously underperforming funds back to average levels.

Specificaties

ISBN13:9783834927804
Taal:Engels
Bindwijze:paperback
Aantal pagina's:588
Uitgever:Gabler Verlag
Druk:2011

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Inhoudsopgave

Institutional Setting in Delegated Asset Management; Investment Performance Evaluation and Determinants; Comprehensive Empirical Study of Performance Persistence, Fund Flows and Manager; Changes Based on a Bayesian Approach<br>
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        Mutual Fund Performance and Performance Persistence