The influence of the social networks of fund managers on the herding behavior of SIFs in China
This paper explores the influence of fund managers’ social networks on the herding behavior of securities investment funds (SIFs) in China. Using the data of Chinese SIFs in recent years as a sample, it adopts the CSAD model to measure SIFs’ herding ...
Liang Wang, Yuanfei Wang, Bixiao Li
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The Effect of Fundamental Variables of Mutual Funds on the Ability of the Manager to Select the Appropriate Stock and Accurate Market Timing [PDF]
Objective: The structure of mutual funds and, of course, other reasons cause the management of these funds to trade based on evaluation criteria. Unexpected cash flows allow managers to constantly maintain the balance of their portfolios to control ...
Mohsen Hassani, Ali Lal bar
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Side-by-Side Management of Hedge Funds and Mutual Funds [PDF]
We examine situations where the same fund manager simultaneously manages mutual funds and hedge funds. We refer to this as side-by-side management. We document 344 such cases involving 693 mutual funds and 538 hedge funds. Proponents of this practice argue that it is essential to hire and retain star performers. Detractors argue that the temptation for
NOHEL, Tom, WANG, Z. Jay, ZHENG, Lu
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Top-bottom investing skill and the fund alpha in Indian mutual fund industry: an empirical investigation [PDF]
Purpose – Mutual funds are the second most preferred investment option in India and have garnered considerable research interest. The focus of Indian studies thus far has been restricted to the bottom-up approach of investing which rewards a fund manager
Priya Malhotra, Pankaj Sinha
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Are some fund managers better than others? Manager characteristics and fund performance
The research objective has been to find out whether fund manager characteristics help explain fund performance and propensity to risk taking. Eight independent variables; manager age, tenure of the manager with the fund, years of education, whether the ...
L. B. Friis, E. V.D.M. Smit
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Performance Persistence of Pension‐Fund Managers* [PDF]
This paper examines persistence over time in the performance of fund managers responsible for making the investment decisions of UK pension funds. Previous work on UK pension funds found little evidence of fund manager persistence, but we argue that this may have been due to survivorship bias in the construction of these data samples, which may have ...
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Portfolio Manager Compensation in the U.S. Mutual Fund Industry
We study compensation contracts of individual portfolio managers using hand‐collected data of over 4,500 U.S. mutual funds. Variations in the compensation structures are broadly consistent with an optimal contracting equilibrium.
Linlin Ma, Yuehua Tang, J. Gómez
semanticscholar +1 more source
INVESTMENT MANAGER'S RESPONSIBILITY RELATED TO THE DEFAULT TOWARDS THE INVESTOR
Mutual funds are a forum for fund owners/investors to invest their funds in securities portfolios by the Investment Manager, in other words, the investment manager has an important role in managing investors' funds.
Dea Justicia Ardha
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. The article examines the processes of housing construction financing through the mechanism of creating funds for real estate transactions from the standpoint of legal and scientific-theoretical justification.
O. Karyi +3 more
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Portfolio Manager Ownership and Mutual Fund Risk Taking
This paper studies the effect of portfolio manager ownership (i.e., skin in the game) on mutual fund risk-shifting behavior. Previous literature suggests that risk shifting can hurt fund performance and impose costs on fund investors.
Linlin Ma, Yuehua Tang
semanticscholar +1 more source

