Häftad, Engelska, 2011
Mutual Fund Performance and Performance Persistence
The Impact of Fund Flows and Manager Changes
Del i serien Geld - Banken - Börsen
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Beskrivning
Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. 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. These results have important implications for investors, investment management companies and even regulators.
Produktinformation
- Utgivningsdatum: 2011-01-13
- Mått: 148 x 210 x 33 mm
- Vikt: 780 g
- Format: Häftad
- Språk: Engelska
- Serie: Geld - Banken - Börsen
- Antal sidor: 588
- Upplaga: 2011
- Förlag: Gabler
- ISBN: 9783834927804
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Mer om författaren
Dr. Peter Lückoff was a research associate at the Center for Finance and Banking at the University of Giessen (Professor Wolfgang Bessler), a junior research fellow at the Pensions Institute of Cass Business School, London, and a visiting research fellow at Exeter University Business School.
Recensioner i media
"Eine interessante Lekture mit neuen Erkenntnissen sowohl fur Akademiker als auch Investoren." Absolut report, 4-2012
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