How important are the experience, the education and the incentives to fund managers? Do they rely more on financial information from the markets and financial statements or do they take a more personal subjective approach. Is the number of clients correlated with the satisfaction of incentives...

How important are the experience, the education and the incentives to fund managers? Do they rely more on financial information from the markets and financial statements or do they take a more personal subjective approach. Is the number of clients correlated with the satisfaction of incentives...

We first analyse the general problem of admissible conditioning and next consider the evaluation of the loss of information when a non-admissible conditioning is used as an approximaton of the exact posterior distribution. Considering the case of Fisher test, we evaluate from a Bayesian point...

The relevance of a fund manager's educational and experience profile to the size of investment portfolio return has been the subject of recurrent research in the last decade. While previous research considered an external reference point of view analysing industry-wide aggregated data, little...