Mutual Fund Performance and Performance Persistence

Released on by Peter Lückoff
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  • Mutual Fund Performance and Performance Persistence Book Detail

  • Author : Peter Lückoff
  • Release Date : 2011-01-22
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 604
  • ISBN 13 : 3834965278
  • File Size : 3,3 MB
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Mutual Fund Performance and Performance Persistence by Peter Lückoff PDF Summary

Book Description: 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.

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Did Mutual Fund Return Persistence Persist?

Did Mutual Fund Return Persistence Persist?

File Size : 87,87 MB
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Abstract: A seminal study of persistence in mutual fund performance is Carhart (1997), who found that U.S. equity mutual funds' past-year returns positively pre

Mutual Funds

Mutual Funds

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Total View : 607 Views
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Mutual funds are the dominant form of investment companies in the United States today, with approximately $7 trillion in assets under management. Over the past