Ferruz, Luis; Sarto, José Luis; Vicente, Luis - In: El Trimestre Económico LXXV (4) (2008) 300, pp. 1043-1060
By using Lakonishok et al.(1992) measure, this work provides empirical evidence of herding behaviour in strategic assets allocated by Spanish funds investing in domestic equities from July 1997 to June 2002. This phenomenon is found with more significance when considering more important...