Chrétien, Stéphane; Kammoun, Manel - In: Financial services review 32 (2024) 1, pp. 63-94
This paper studies investor disagreement in the performance evaluation of equity mutual funds by comparing two existing … yield, and that are older, smaller and part of a larger family. Disagreement is also higher for funds that follow riskier … investment style strategies and deviate more from their benchmarks. Finally, larger disagreement leads to more net fund flows …