Gharghori, Philip; Sujoto, Charly; Veeraraghavan, Madhu - In: Australian Journal of Management 32 (2008) 3, pp. 525-544
This paper examines the smart money effect on Australian superannuation funds. Specifically, we investigate whether Australian investors make smart choices in selecting funds. We build on previous research which shows that sophisticated investors have the ability to invest in funds that...