Results 271 to 280 of about 9,169,995 (306)
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2014
We have examined the trends in resource mobilization and factors influencing it (Chapter 3) and investment pattern vis-a-vis investors’ composition (Chapter 4). Now it is necessary to examine the performance of various schemes offered by the mutual fund organizations because scheme performance is the main criterion for investors’ interest in investing ...
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We have examined the trends in resource mobilization and factors influencing it (Chapter 3) and investment pattern vis-a-vis investors’ composition (Chapter 4). Now it is necessary to examine the performance of various schemes offered by the mutual fund organizations because scheme performance is the main criterion for investors’ interest in investing ...
openaire +2 more sources
Mutual Fund Corporate Culture and Performance
SSRN Electronic Journal, 2011AbstractIn this paper we test if a mutual fund's own corporate culture predicts fund performance. To do this we use Morningstar's corporate culture ratings for mutual funds and then examine the ability of these corporate culture ratings to predict risk‐adjusted performance of domestic equity funds over the period 2005–2010.
Aron Gottesman, Matthew Morey
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Portfolio concentration and mutual fund performance
Journal of Empirical Finance, 2016Mutual fund managers should choose to increase the concentration of their portfolio when they possess information of great enough expected value to offset the risks of increased concentration. Consistent with that idea, we find that fund performance improves after concentration increases.
Jon A. Fulkerson, Timothy B. Riley
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2016
Net return of the average mutual fund in most countries and periods is below benchmark. Any fund manager skill is offset by fund expenses and fees. At best, outperformance by mutual funds occurs at the margins and in specialist applications Incentives for fund managers and other investment analysts are weakly directed towards maximising fund ...
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Net return of the average mutual fund in most countries and periods is below benchmark. Any fund manager skill is offset by fund expenses and fees. At best, outperformance by mutual funds occurs at the margins and in specialist applications Incentives for fund managers and other investment analysts are weakly directed towards maximising fund ...
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Performance and characteristics of mutual fund starts
The European Journal of Finance, 2008We study the performance and portfolio characteristics of 828 newly launched U.S. equity mutual funds over the time period 1991-2005. These fund starts initially earn, on average, higher excess returns and higher abnormal returns. Their risk-adjusted performance is also superior to existing funds.
Aymen Karoui, Iwan Meier
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Herd Behavior and Mutual Fund Performance
Management Science, 2017I develop fund-level measures of the similarity in trading of mutual fund managers, resulting in the identification of leaders, contemporaneously herding managers, and followers. I find evidence of a persistent group of funds whose trades lead the aggregate trades of the mutual fund industry; these leader funds exhibit strong subsequent performance ...
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Gross profitability and mutual fund performance
Journal of Banking & Finance, 2019We find that mutual funds holding a larger concentration of high gross profitability stocks generate better future performance. The outperformance of these funds is not driven by a profitability-related risk premium and is not a byproduct of fund managers’ exploitation of other well-known investment strategies.
David G. Kenchington +2 more
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DEA Performance Assessment of Mutual Funds
2016The objectives of this paper are manyfold. First we present a comprehensive review of the literature of DEA models for the performance assessment of mutual funds. Then we discuss the problem of the presence of negative returns in DEA modeling for mutual funds and we identify a DEA model that is financially justified and tackles the issue of negative ...
BASSO, Antonella, FUNARI, Stefania
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The persistence of European mutual fund performance
Research in International Business and Finance, 2012This paper examines the performance and persistence in performance of style-consistent European equity mutual funds between 1988 and 2010. Using a large survivorship bias-free sample for six European countries, we document strong evidence of persistence in benchmark-adjusted returns over 1-year time periods as well as over longer periods.
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Mutual Fund Performance and Fund Age
2011This paper explores the relationship between mutual fund performance and age of fund. We analyze a sample of long-established mutual funds; comparing raw returns, objective adjusted, and market adjusted returns at different age progressions. Through statistical analysis, we find there is no significant relationship between fund age and raw returns as
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