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Mutual Funds : An Influential Review of Studies in Performance, Persistence, Investment Styles, Managerial Skills, Fund Characteristics and Behavioral Patterns

Alp, Melih - 2009

Persistent link: https://www.econbiz.de/10013155877

How Much Does Size Erode Mutual Fund Performance? A Regression Discontinuity Approach

Reuter, Jonathan - 2010

The level of diseconomies of scale in asset management has important implications for tests of manager skill and the expected level of performance persistence. To identify the causal impact of fund size on future returns, we exploit the fact that small differences in returns can cause discrete...

Persistent link: https://www.econbiz.de/10013138476

Fund Performance, Managers’ Genuine Stock Selection Skills and Managerial Replacement : Evidence from the UK Unit Trust Industry

Zhang, Zhichao - 2010

managerial replacement. We find that managers with superior performance that is due to sample variation are more likely to be … dismissed than are ‘unlucky' managers indicating that many fund companies are not captivated by the ‘lucky' managers' extreme … performance and willing to give ‘unlucky' managers another chance. Furthermore, underperforming managers are more likely to be …

Persistent link: https://www.econbiz.de/10013149085

What do mutual fund managers' private portfolios tell us about their skills?

Ibert, Markus - In: Journal of financial intermediation 53 (2023), pp. 1-12

Persistent link: https://www.econbiz.de/10014234560

Deriving managerial skills by dissecting holding changes of mutual funds : evidence from China

Jun, Xiao; Ren, He; Sun, Ping-Wen - In: Pacific-Basin finance journal 68 (2021), pp. 1-21

Persistent link: https://www.econbiz.de/10013332516

Hedge fund boards and the market for independent directors

Clifford, Christopher P.; Ellis, Jesse A.; Gerken, … - In: Journal of financial and quantitative analysis : JFQA 53 (2018) 5, pp. 2067-2101

Persistent link: https://www.econbiz.de/10011959072

Managing hedge fund managers : quantitative and qualitative performance measures

Stavetski, Edward J. - 2009

Persistent link: https://www.econbiz.de/10003788650

Hedge Fund Boards and the Market for Independent Directors

Clifford, Christopher P. - 2017

We provide the first examination of hedge fund boards and their directors. The majority of directorships are held by extremely busy independent directors. These directors are sought after by funds because they have more reputational capital at stake, making them independent and credible monitors...

Persistent link: https://www.econbiz.de/10012972390

A spectral model of turnover reduction

Kakushadze, Zura - In: Econometrics : open access journal 3 (2015) 3, pp. 577-589

We give a simple explicit formula for turnover reduction when a large number of alphas are traded on the same execution platform and trades are crossed internally. We model turnover reduction via alpha correlations. Then, for a large number of alphas, turnover reduction is related to the largest...

Persistent link: https://www.econbiz.de/10011410628

Can turnover go to zero?

Kakushadze, Zura - In: Journal of derivatives & hedge funds 20 (2014) 3, pp. 157-176

Persistent link: https://www.econbiz.de/10010462974