We analyze a market-wide panel dataset on retail options trading from India, a market with an 80% share in option contracts traded worldwide. Retail traders both concentrated in and dominate index options trading. They exhibit short-term speculative behavior with significant day trading, short-...

We investigate whether eponymous hedge funds-those named after their founder/manager-signal managerial ability or ethical behavior. While such funds do not outperform non-eponymous peers, they exhibit lower operational and fraud risks. Survey evidence supports these findings. Eponymous funds...

Using a regulation that increased portfolio disclosure frequency of US mutual funds as an exogenous shock shortening funds' investment horizon, we examine whether and how affected funds influence portfolio firms to achieve horizon realignment after the shock. We find that portfolio firms reduce...

We investigate whether eponymous hedge funds-those named after their founder/manager-signal managerial ability or ethical behavior. While such funds do not outperform non-eponymous peers, they exhibit lower operational and fraud risks. Survey evidence supports these findings. Eponymous funds...

We analyze a market-wide panel dataset on retail options trading from India, a market with an 80% share in option contracts traded worldwide. Retail traders both concentrated in and dominate index options trading. They exhibit short-term speculative behavior with significant day trading, short-...