Library Of American University Of Madaba
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Lückoff, Peter.
Mutual Fund Performance and Performance Persistence The Impact of Fund Flows and Manager Changes / [electronic resource] : by Peter Lückoff. - XXIV, 588p. 37 illus. online resource.
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.
9783834965271
Economics.
Banks and banking.
Economics/Management Science.
Finance /Banking.
HG1-9999 HG4501-6051 HG1501-HG3550
657.8333 658.152
Mutual Fund Performance and Performance Persistence The Impact of Fund Flows and Manager Changes / [electronic resource] : by Peter Lückoff. - XXIV, 588p. 37 illus. online resource.
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.
9783834965271
Economics.
Banks and banking.
Economics/Management Science.
Finance /Banking.
HG1-9999 HG4501-6051 HG1501-HG3550
657.8333 658.152