Our questionnaire survey finds that most fund managers rely on the strategies of buy-&-hold, momentum and contrarian trading. These strategies are typically applied mutually. Their use is rooted in the attributes and beliefs of the respective fund managers: buy-&-hold traders behave...

The cross-border merger of investment funds (or collective investment undertakings – CIUs) is sometimes a complex operation which, so far, does not benefit from a sufficiently harmonized European approach. The complexity of these transactions stems from the fact that, in the mergers between...

Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile...