The on-going debate over whether fund managers have skills and whether those skills are short-lived is still … literature in two folds. First, managers ranked highest on MPPM in the current quarter earn largest fee-adjusted fund returns in … the following quarter. Those managers hold younger, smaller, lower book-to-market, and momentum stocks. Second, taking …

made a comparative survey of different strategies of portfolio selection adopted by portfolio managers in Tunisia, we …

-standarddeviation increase in ownership predicts a 1.6 percent increase in alpha in the following year. Fund managers who are required to … activity in line with the view that higher ownership aligns interests of managers with those of shareholders and induces higher …

provides evidence that stock options give managers an incentive to take risk in a research environment that suffers less from …