investment decisions to fund managers selected by plan sponsors. Including these funds in retirement saving menus raised equity …

scope of investor confusion about sales loads. Even with a one-month investment horizon, subjects do not avoid loads …

in value and are willing to sell losing funds. Second, individuals pay attention to investment costs as redemption …

investment, and allows managers to charge higher fees to investors who trust them more. Money managers compete for investor funds …

The purpose of this paper is to survey what is known about the investment policy of pension funds. Pension fund … investment policy depends critically on the type of plan: defined contribution versus defined benefit. For defined contribution … plans investment policy is not much different than it is for an individual deciding how to invest the money in an Individual …

We use a two-year panel of individual accounts in an S&P 500 index mutual fund to examine the trading and investment … to characterize investors' heterogeneity in terms of their investment patterns. In particular, we identify positive …

We provide an exploratory investigation of mutual funds' investment styles. Funds' styles tend to cluster around a …

institutional market with constrained choice among investment companies, and 3) a centralized fund without individual accounts or …

This paper undertakes a comprehensive analysis of alternative investment vehicles in private equity, using unexplored … bargaining between GPs and LPs leads to gradation in investment performance based on the parties' outside options …