Narrow search
Showing 1 - 10 of 76
Cover Image
On the usability of synthetic measures of mutual fund net-flows
Ber, Silke; Ruenzi, Stefan - 2006
Due to a lack of data availability, numerous empirical studies on mutual fund flows (e.g. Sirri/Tufano (1998)) analyze synthetically derived flow measures. We show how good these measures can explain actual flows. We compare the measures suggested in the literature with the actual net-flows of...
Persistent link: https://www.econbiz.de/10009525171
Cover Image
Optimale Gestaltung von Fondsfamilien : Organisation und Intrafirmenwettbewerb
Ruenzi, Stefan - 2006
Persistent link: https://www.econbiz.de/10013515556
Cover Image
Optimale Gestaltung von Fondsfamilien : Organisation und Intrafirmenwettbewerb
Ruenzi, Stefan - 2006 - 1. Aufl.
Persistent link: https://www.econbiz.de/10003233126
Cover Image
Tail risk in hedge funds : a unique view from portfolio holdings
Agarwal, Vikas; Ruenzi, Stefan; Weigert, Florian - 2015 - This Version: May 10, 2015
investments in both, tailsensitive stocks as well as options, drive tail risk. Moreover, managerial incentives and discretion as …
Persistent link: https://www.econbiz.de/10011308031
Cover Image
Rapid Trading bei deutschen Aktienfonds : Evidenz aus einer großen deutschen Fondsgesellschaft
Fang, Jieyan; Ruenzi, Stefan - 2009
danach. -- Investmentfonds ; Rapid Trading ; Fondsskandal …
Persistent link: https://www.econbiz.de/10003857803
Cover Image
Is a team different from the sum of its parts? : evidence from mutual fund managers
Bär, Michaela; Kempf, Alexander; Ruenzi, Stefan - 2005
This paper provides the first empirical test of the diversification of opinions theory and the group shift theory using real business data. Our data set covers management teams and single managers of US equity mutual funds. Our results reject the group shift theory and support the...
Persistent link: https://www.econbiz.de/10009524811
Cover Image
Status quo bias and the number of alternatives : an empirical illustration from the mutual fund industry
Kempf, Alexander; Ruenzi, Stefan - 2005
We examine the extent of the Status Quo Bias (SQB) in a real-world repeated decision situation. Individuals who are subject to a SQB tend to choose an alternative that was chosen previously (i.e. their status quo), even if it is not the optimal choice any more. We examine the US equity mutual...
Persistent link: https://www.econbiz.de/10009524814
Cover Image
Family matters : ranking within fund families and fund inflows
Kempf, Alexander; Ruenzi, Stefan - 2004
family and to important risk taking incentives for fund managers. -- Mutual Funds ; Fund Families ; Performance Flow …
Persistent link: https://www.econbiz.de/10009524827
Cover Image
Employment risk, compensation incentives and managerial risk taking : evidence from the mutual fund industry
Kempf, Alexander; Ruenzi, Stefan; Thiele, Tanja - 2008 - This Version: May 2008
We examine the influence on managerial risk taking of incentives due to employment risk and due to compensation. Our … depends on the relative importance of these incentives. When employment risk is more important than compensation incentives … loss. When employment risk is low, compensation incentives become more relevant and fund managers with a poor midyear …
Persistent link: https://www.econbiz.de/10009525977
Cover Image
The impact of work group diversity on performance : large sample evidence from the mutual fund industry
Bär, Michaela; Niessen-Ruenzi, Alexandra; Ruenzi, Stefan - 2007
This paper investigates the impact of work group diversity on performance. Analyzing a uniquely large sample of management teams from the U.S. mutual fund industry we find that the influence of diversity on performance depends on the dimension of diversity that is analyzed. Informational...
Persistent link: https://www.econbiz.de/10009526495