As the first global carbon fund, the World Bank's Prototype Carbon Fund (PCF) aims to catalyze the market for project …

benchmarks. Compared to unconditional measures, fund performance substantially deteriorates when we measure conditional alphas … both in single-index and multi-factor models. We also measure fund performance in the Euler-equation framework and test …

Hauptergebnis wird die Fondsgröße und damit zusammenhängend auch die Fund Flows als Hauptgrund für das Fondssterben identifiziert …The first paper deals with survivorship bias in equity mutual fund performance. This effect overstates performance if …-data survivors include also badly performing funds.Paper 2 deals with the determinants of bond fund disappearance. Also, it analyzes …

. Theoretical research suggests that money managers' short term focus stems from their career concerns and greater fund transparency … about fund managers' portfolio choices, we examine whether increased transparency encourages myopic corporate investment … behavior. We find that corporate innovation declines following the regulatory shock. Moreover, evidence from mutual fund …

The mutual funds' returns, inter alia, are dependent on fund managers' performance. This makes human capital efficiency …

This paper studies the relation between fund performance and the fund manager's investment strategy, which is based on … can explain differences in fund performance. However, the paper finds a negative firm-size effect that partly explains … previous findings of a negative fund-size effect. Moreover, the results show a positive relation between performance and the …

This paper examines how investor and capital flows into mutual funds in the Swedish pension system are related to fund … determinant of fund inflows is information costs. For instance, foreign-based funds with a track record similar to that of …

-scores and CRSP fund data. Due to our results we cannot find strong evidence of di erences between conventional and socially …