Rohleder, Martin; Tentesch, Hendrik; Weh, Rene; … - In: Review of Financial Economics 41 (2022) 1, pp. 23-42
After analyzing portfolio differences between separate account‐mutual fund twins, we find that dissimilar “fraternal twins” show significantly lower joint performance than “identical twins.” This finding is consistent with fraternal twins competing for the limited attention of a...
