Similar Search Results

Flight-to-liquidity, market uncertainty, and the actions of mutual fund investors

Ben-Rephael, Azi - In: Journal of financial intermediation 31 (2017), pp. 30-44

Persistent link: https://www.econbiz.de/10011822426

A note on sorting bias correction in regression-based mutual fund tournament tests

Karoui, Aymen; Meier, Iwan - In: Financial markets and portfolio management 29 (2015) 1, pp. 21-29

Persistent link: https://www.econbiz.de/10010500751

Delegated portfolio management, optimal fee contracts, and asset prices

Sato, Yuki - 2015

This paper proposes a model of asset-market equilibrium with portfolio delegation and optimal fee contracts. Fund managers and investors strategically interact to determine funds' investment profiles, while they share portfolio risk through fee contracts. In equilibrium, their investment...

Persistent link: https://www.econbiz.de/10011293478

Delegated portfolio management, optimal fee contracts, and asset prices

Sato, Yuki - In: Journal of economic theory 165 (2016), pp. 360-389

Persistent link: https://www.econbiz.de/10011650112

Carrot and stick : a role for benchmark-adjusted compensation in active fund management

Sotes-Paladino, Juan; Zapatero, Fernando - In: Journal of financial intermediation 52 (2022), pp. 1-22

Persistent link: https://www.econbiz.de/10013552483

Transaction costs, portfolio characteristics, and mutual fund performance

Busse, Jeffrey A.; Chordia, Tarun; Jiang, Lei; Tang, Yuehua - In: Management science : journal of the Institute for … 67 (2021) 2, pp. 1227-1248

Persistent link: https://www.econbiz.de/10012505424

Redemptions and asset liquidations in corporate bond funds

Dötz, Niko; Weth, Mark - 2019

Mutual funds' exposure to corporate bonds has brought concerns about risks arising from liquidity transformation back … to the fore. With a focus on fund asset liquidity and investors, this paper explores the flow-performance relationship … and the liquidity management of funds in the presence of net redemptions. We highlight the response of fund liquidity …