Menkhoff, Lukas; Schmidt, Ulrich - In: Applied Economics 37 (2005) 15, pp. 1719-1730
A questionnaire survey has found that most fund managers rely on the strategies of buy-&-hold, momentum and contrarian trading. These strategies are typically applied mutually. Their use is rooted in the attributes and beliefs of the respective fund managers: buy-&-hold traders are fundamentally...