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In this paper we provide critical review of recent developments in the mutual fund performance evaluation literature. The new literature centres around two main themes: enhancing explanatory power of the standard Fama-French-Carhart factor models by augmenting them with different factors and...
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Just over 20 years have passed since the publication of Carhart's landmark 1997 study on mutual funds. Its conclusion—that the data did “not support the existence of skilled or informed mutual fund portfolio managers”—was the capstone of an academic literature beginning with Jensen...
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Though the green bond markets are growing expeditiously, the summary overview of this market literature is sparse. This … provides a state-of-the-art overview of the current trends, status, and future development of the green bond markets. To do so … affiliations in green bond research. The review shows that the publication trend has surged exponentially with an annual growth …
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