Results 251 to 260 of about 433,458 (314)
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Internet search, fund flows, and fund performance
Journal of Banking & Finance, 2021Abstract This study uses the Google search volume index as a direct measure of investor attention to explore the connection between attention-grabbing information and fund flows, future performance, and the survivorship of newly issued funds. We find that investors often engage in attention-driven purchases of new funds that have captured their ...
Hong-Yi Chen +2 more
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SSRN Electronic Journal, 2013
AbstractWe show that many stylized empirical patterns for mutual fund flows are driven by investor sentiment. Specifically, when sentiment is high, investors exhibit a stronger tendency of chasing past fund performance; fund flows are less sensitive to fund expenses; and investors are attracted more to funds with sheer visibility.
George J. Jiang, H. Zafer Yüksel
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AbstractWe show that many stylized empirical patterns for mutual fund flows are driven by investor sentiment. Specifically, when sentiment is high, investors exhibit a stronger tendency of chasing past fund performance; fund flows are less sensitive to fund expenses; and investors are attracted more to funds with sheer visibility.
George J. Jiang, H. Zafer Yüksel
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Aggregate hedge funds’ flows and returns
Applied Financial Economics, 2008In this article, a multivariate unobserved components model for returns and net inflows into hedge funds is employed to assess whether the flows of funds into the industry are dynamically related to returns. The econometric model is used to estimate expected flows and expected returns as unobserved components.
BELTRATTI, ANDREA, Claudio Morana
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1988
The purpose of the funds flow statements is to show the movement of funds into and out of the firm for the period (year). In particular, it highlights the size of the increase or decrease in working capital for that period, and what has caused that increase or decrease.
P. Stevens, B. Kriefman
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The purpose of the funds flow statements is to show the movement of funds into and out of the firm for the period (year). In particular, it highlights the size of the increase or decrease in working capital for that period, and what has caused that increase or decrease.
P. Stevens, B. Kriefman
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Fund Flows and Fund Statements
Journal of Business of the University of Chicago, 1953mr VE idea that fund statements are more than mere supplements to acI counting reports is being accepted more and more by the accounting profession; those whose activities bring them into related fields-people interested in economic phenomena, especially those of a financial nature--are also giving increased attention to the potentialities of fund ...
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Fund Flows and Fund Performance on Lottery Funds
Review of Pacific Basin Financial Markets and PoliciesThis study introduces a new indicator to measure the lottery-like degree of financial products by considering their idiosyncratic volatility and skewness. The findings indicate that investors tend to purchase funds that hold lottery-like stocks, while investors prefer lottery-like funds when the market sentiment is high. However, funds holding lottery-
Chun-Yen Chen +2 more
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Mutual Fund Risk and Market Share Adjusted Fund Flows
SSRN Electronic Journal, 2009Multiple studies have examined the relationship between performance and subsequent fund flows. Prior work takes a fund’s dollar flows divided by its assets under management as the dependent variable. However, individual fund flows have to add up to the aggregate flow in every period. If aggregate flows are high, then on average individual flows will be
Matthew I. Spiegel, Hong Zhang
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2020
Despite three decades of official initiatives and legislation, Denmark is the only country that uses tariffs to fund capital as well as operating spending as well as to encourage demand management. Full cost recovery remains uncommon and, in developing economies, tariffs have fallen behind rising operating costs.
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Despite three decades of official initiatives and legislation, Denmark is the only country that uses tariffs to fund capital as well as operating spending as well as to encourage demand management. Full cost recovery remains uncommon and, in developing economies, tariffs have fallen behind rising operating costs.
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Fund Flows, Momentum, and Mutual Fund Performance
The Journal of Investing, 2012Past research has questioned the intelligence of mutual fund investors, where intelligence is defined as the future performance of new cash flows into mutual funds. New mutual fund dollars tend to overwhelmingly flow toward those funds that have recently outperformed their peers. This fact, along with the momentum effect, or persistence in performance,
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Mutual Fund Style Volatility and Fund Flows
SSRN Electronic Journal, 2016Mutual fund managers often follow investment strategies that result in a drift of their investment styles over time. This paper empirically examines whether the behavior of mutual fund investors is affected by this style drift using a comprehensive sample of U.S. actively-managed equity mutual funds from 1985 to 2013.
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