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The research aimed to check whether investment fund managers maintain costs similarly from period to period. The research verified the hypothesis that managers maintain costs in the subsequent periods at a similar level. The study used a method based on contingency tables which are used to...
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a ICC-basedstrategy reflecting skill, family-level trading efficiency and manager-level SAT scorepositively correlate …
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We apply methods designed to measure mutual fund skill to a cross-section of traded funds that should not exhibit … managerial portfolio selection skill: index funds. Surprisingly, these tests imply index fund skill exists, is persistent, and is …
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