We document persistence in the performance of emerging market equity funds and find several notable differences compared to US equity funds. First, the contribution of winner funds to the return spread between winner and losers is substantially larger for emerging market funds. Second, only a...

This article aims at testing empirically the performance persistence of emerging market hedge funds. Emerging market hedge funds invests primarily in countries that have a closed market economy and are in the process of developing and expanding its infrastructure such as Brazil, India, Latin...

This paper represents the first attempt in the literature to specifically and solely examine the relationship between active share and emerging market equity fund performance. To do this we use a sample of U.S.-based actively managed diversified emerging market equity funds that we follow for...