Mutual Fund Performance and Performance Persistence

The Impact of Fund Flows and Manager Changes
With a foreword by Prof. Dr. Wolfgang Bessler
ISBN: 978-3-8349-2780-4
Verlag: Gabler Verlag

Buch, Englisch, 588 Seiten, Paperback, Format (B × H): 148 mm x 210 mm, Gewicht: 780 g

Reihe: Geld - Banken - Börsen

Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously underperforming funds back to average levels.

Zielgruppe

Research

Autoren/Hrsg.

Lückoff, Peter

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Börse, Rohstoffe
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Inhaltsverzeichnis

Institutional Setting in Delegated Asset Management; Investment Performance Evaluation and Determinants; Comprehensive Empirical Study of Performance Persistence, Fund Flows and Manager; Changes Based on a Bayesian Approach

Über Autor(innen)

Dr. Peter Lückoff was a research associate at the Center for Finance and Banking at the University of Giessen (Professor Wolfgang Bessler), a junior research fellow at the Pensions Institute of Cass Business School, London, and a visiting research fellow at Exeter University Business School.