Mutual Fund Performance and Performance Persistence: The Impact of Fund Flows and Manager Changes
Peter Lückoff
Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously under-performing funds back to average levels. These results have important implications for investors, investment management companies and regulators.
Κατηγορίες:
Έτος:
2011
Έκδοση:
2011
Εκδότης:
Gabler, Betriebswirt.-Vlg
Γλώσσα:
english
Σελίδες:
604
ISBN 10:
3834927805
Αρχείο:
PDF, 2.95 MB
IPFS:
,
english, 2011
Αυτό το βιβλίο δεν είναι διαθέσιμο για λήψη λόγω καταγγελίας του κατόχου των πνευματικών δικαιωμάτων
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