Chou, Wen-Hsiu; Hardin, William - In: The Journal of Real Estate Finance and Economics 49 (2014) 3, pp. 379-412
Real estate mutual funds have grown dramatically in number, size, scope and assets under management over the last 15 years, but little assessment is evident. The present study addresses this limitation. Better prior period performance is associated with greater shares of fund inflows for a...