Web23 mei 2015 · How Investors Interpret Past Fund Returns A. Lynch, David K. Musto Economics 2000 The literature documents a convex relation between past returns and fund flows of mutual funds. We show this to be consistent with fund incentives, because funds discard exactly those strategies… Expand 418 Highly Influential PDF Web1 nov. 2015 · Investors can conduct a similar analysis to identify which funds in their portfolios contribute the most to their returns and why. For example, separating leverage …
Institutional Investor Expectations, Manager Performance, and Fund ...
WebPast returns tell less about the future performance of funds which discard, so flows are less sensitive to them when they are poor. Our model predicts that strategy changes only … Web1 mrt. 2000 · Past returns tell less about the future performance of funds which discard, so flows are less sensitive to them when they are poor. Our model predicts that … poolife products
Is the flow-performance relationship really convex? - The impact of ...
Web2 nov. 2024 · Abstract. Using survey data, we analyze institutional investors’ expectations about the future performance of fund managers and the impact of those expectations on … Web29 nov. 2024 · Morningstar further helps investors compare apples to apples by separating funds into peer groups and assigning funds a rank in category based on its trailing … Web1 jan. 2015 · How Does Readability Influence Investors' Judgments? Consistency of Benchmark Performance Matters Accounting Review - United States doi 10.2308/accr-50857. Full Text Open PDF ... How Investors Interpret Past Fund Returns SSRN Electronic Journal. 2000 English. How Does Knowledge Management Influence … poolife tile cleaner rx