Mutual Fund Risk and Market Share Adjusted Fund Flows
Language: en
Pages: 48
Authors: Matthew I. Spiegel
Categories:
Type: BOOK - Published: 2014 - Publisher:

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Multiple studies have examined the relationship between performance and subsequent fund flows. Prior work takes a fund's dollar flows divided by its assets unde
Swing Pricing and Fragility in Open-end Mutual Funds
Language: en
Pages: 46
Authors: Dunhong Jin
Categories: Business & Economics
Type: BOOK - Published: 2019-11-01 - Publisher: International Monetary Fund

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How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative p
Mutual Fund Performance and Performance Persistence
Language: en
Pages: 604
Authors: Peter Lückoff
Categories: Business & Economics
Type: BOOK - Published: 2011-01-22 - Publisher: Springer Science & Business Media

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Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and prev
Mutual fund performance and the incentive to invest in active management
Language: en
Pages: 53
Authors: Diane Del Guercio
Categories: Economics
Type: BOOK - Published: 2011 - Publisher:

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It is well known that within U.S. domestic equity mutual funds, actively managed funds significantly underperform index funds. However, this comparison ignores
Mutual Fund Flows and Investor Returns
Language: en
Pages: 36
Authors: Geoffrey C. Friesen
Categories:
Type: BOOK - Published: 2009 - Publisher:

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We examine the timing ability of mutual fund investors using cash flow data at the individual fund level. Over 1991-2004 equity fund investor timing decisions r