Miersch, Enrico; Schäfer, Nils - In: Credit and Capital Markets – Kredit und Kapital 54 (2021) 1, pp. 79-116
Considering the institutional factors of the German mutual fund market, we analyze equity fund holdings of German retail clients who received financial advice between 2005 and 2014 to investigate whether those investors overweight the bank-affiliated asset manager and if so, whether this...