Elton, Edwin J.; Gruber, Martin J.; Blake, Christopher R.; … - In: Journal of Banking & Finance 34 (2010) 5, pp. 912-922
A number of articles in financial economics have used quarterly or semi-annual mutual fund holdings data to test hypotheses about investment manager behavior. This article reexamines four well-known hypotheses in finance to determine whether the results of prior tests of these hypotheses remain...