Results 1 to 10 of about 173,719 (294)
The paradox of closing mutual funds to new investors. [PDF]
PLoS ONE, 2023 I provide an explanation for the well-established paradox that mutual funds that close to new investors fail to maintain their pre-closure positive abnormal performance after closing. Using a large sample of active US equity mutual funds, I find that the
Svetoslav Covachev
doaj +2 more sources
Mutual fund net flows in China: A co-holding network perspective
Frontiers in Physics, 2023 As the largest part of the mutual fund, open-end funds play a critical role in the Chinese mutual fund market. In this work, we construct an undirected weighted fund network of Chinese open-end funds based on the asset co-holding and explore whether ...
Yue Ma, Jichang Zhao, Shan Lu
doaj +1 more source
Prospect Theory and Mutual Fund Flows
Economics Letters, 2021 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ariel Gu, Hong Il Yoo
openaire +4 more sources
The effect of Mutual Fund Performance on Dynamics of Earnings Management in IPOs [PDF]
مجله توسعه و سرمایه, 2021 Objective: Earnings management can be motivated by capital market, political, contractual, tax, agency. In the capital market incentives that are considered in this study, in the IPOs, because the possibility of access to information for investors is ...
Nahid Najafi rad +2 more
doaj +1 more source
Individual investor mutual fund flows☆ [PDF]
Journal of Financial Economics, 2009 Abstract This paper studies the relation between individuals’ mutual fund flows and fund characteristics, establishing three key results. First, consistent with tax motivations, individual investors are reluctant to sell mutual funds that have appreciated in value and are willing to sell losing funds.
Zoran Ivkovich, Scott Weisbenner
openaire +1 more source
Dynamic Relations between Aggregate Mutual Fund Flows and Tehran Stock Exchange’s Index:A Hidden Co-integration Approach [PDF]
تحقیقات مالی, 2017 With regard to the prominent role of mutual funds in financial markets, this study aims to examine the relationship between the mutual fund flows and the index of Tehran Stock Exchange (TEDPIX). For this purpose, the researchers used the daily data of 90
Mohammad Rostami, Fatemeh Tajeddin
doaj +1 more source
Journal of Accounting and Finance in Emerging Economies, 2022 Purpose: This paper aims to study the potential sources of convexity in the flow-performance relationship curve in the Asian region. Design/Methodology/Approach: The sample for this study includes 75 mutual funds from three broader investment ...
Saleh Nawaz Khan +3 more
doaj +1 more source
Investor Attrition and Fund Flows in Mutual Funds [PDF]
Journal of Financial and Quantitative Analysis, 2017 We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance.
Christoffersen, Susan E. K., Xu, Haoyu
openaire +1 more source
The Effect of Fundamental Variables of Mutual Funds on the Ability of the Manager to Select the Appropriate Stock and Accurate Market Timing [PDF]
مجله توسعه و سرمایه, 2021 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
doaj +1 more source
Top-bottom investing skill and the fund alpha in Indian mutual fund industry: an empirical investigation [PDF]
IIM Ranchi Journal of Management Studies, 2022 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
doaj +1 more source