Mutual Fund Performance and Performance Persistence: The Impact of Fund Flows and Manager Changes

Published on: 2011-01-13
Page Count: 604 pages
Print Type: BOOK
Maturity Rating: NOT_MATURE
Language: en
Embeddable: Yes
PDF Available: Yes
EPUB Available: Yes
ISBN-13: 9783834927804
ISBN-10: 3834927805
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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