Mirza, Nawazish; Hasnaoui, Jamila Abaidi; Naqvi, Bushra; … - In: Swiss journal of economics and statistics 156 (2020) 1/16, pp. 1-7
The mutual funds' returns, inter alia, are dependent on fund managers' performance. This makes human capital efficiency very central for consistent risk-adjusted performance. The persistence in performance becomes more critical during periods of high turbulence, like the one we are experiencing...