Showing 1 - 5 of 5
In this paper, the authors provide evidence that the convexity of the flow-performance relationship in the mutual fund …/eliminates the degree of convexity of the flow-performance relationship. The effect of economic activity dominates that of market … explains why mutual fund performance varies with the business cycle. …
Persistent link: https://www.econbiz.de/10008518881
This paper analyzes the impact of differences in supply of and demand for private equity financing on the performance … buyout performance decreases when large volumes of private equity commitments are looking for suit-able acquisition targets … acquisition prices (and thereby transaction performance) depend on the competition by a limited number of private equity fund …
Persistent link: https://www.econbiz.de/10005011546
living dead investments. After correcting for sample bias and overstated accounting values, average fund performance changes … from slight over performance to substantial underperformance of -3.83% per year with respect to the S&P 500. Assuming a … stunning growth in the amount allocated to this asset class cannot be attributed to genuinely high past performance. They …
Persistent link: https://www.econbiz.de/10005011561
This paper investigates the performance impact of undertaking activities through scale alliances with competitors …
Persistent link: https://www.econbiz.de/10005011673
Although modest in terms of sales, compared to most other sectors, luxury does get a high share of investors', financial analysts’ and media attention. Why would this sector receive a share of attention much bigger than its actual weight? Is it because of its glamourous image, or the...
Persistent link: https://www.econbiz.de/10008672467