Informationless Trading

Abstract: The recent paper by Goetzmann et al. (2002) suggests that fund managers subject to a performance review have an adverse incentive to engage in portfolio strategies that have theunfortunate attribute that they can expose the fund investor to significant downside risk.(...)

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Year of publication:	2003-11-12
Authors:	Brown, Stephen J. ; Gallagher, David R. ; Steenbeek, Onno ; Swan, Peter L.
Publisher:	Salomon Center <New York, NY>
Subject:	Agency-Theorie \| Anlageverhalten \| Portfoliomanagement \| portfolio management \| Informationsökonomie

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Extent:	279552 bytes 46 p. application/pdf
Series:	NYU Stern School of Business Research Paper Series NYU Working Paper No. ; FIN-03-035
Type of publication:	Book / Working Paper
Language:	English
Classification:	G23 - Pension Funds; Other Private Financial Institutions ; Financial theory ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005846530