Organisation et performance:le lien entre l'organisation des sociétés de gestion de portefeuille et la performance financière des fonds gérés

The present study proposes to examine the link between the organisational policies of the investment management companies and the performance of the managed funds. This study is based on about fifteen exploratory talks organized with persons in charge of investment management companies, and on an analysis of qualitative and quantitative data collected from a sample of French funds (SICAV and FCP). The results of the causal study (partial least square) show an explanatory capacity of the organisational variables on the performance.