Herding behaviour in Spanish equity funds
We analyse the herding phenomenon in the management style of Spanish equity funds. Using the methodology of Lakonishok et al. (1992) and Sharpe's style analysis (1992), we find interesting conclusions in the investment behaviour of fund managers, a barely-explored aspect, especially in the Spanish market.
Year of publication: |
2008
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Authors: | Agudo, Luis Ferruz ; Sarto, J. L. ; Vicente, L. |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 15.2008, 7, p. 573-576
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Publisher: |
Taylor & Francis Journals |
Saved in:
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