Cici, Gjergji; Gehde-Trapp, Monika; Göricke, Marc-André; … - Institut für Finanzmarktforschung, Wirtschafts- und … - 2014
We document that prior work experience of mutual fund managers outside of the asset management industry is valuable from an investment perspective in that it provides managers with a stock picking and industry timing advantage. Fund managers' stock picks from industries where they previously...