analysis of quantile funds shows that relatively large (small) funds in the high (low) performance domain play an important …

Using a large sample of institutional investors' private equity investments in venture and buyout funds, we estimate … would occur if funds were randomly distributed across investors. We find that the variance of actual performance is higher …

This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find … fund families show higher sales and redemption rates. Furthermore, family size also affects the flow …

We investigate the relationship between net inflow to mutual bond funds that invest in emerging market economies (EMEs …) and the past performance of these funds. Our main finding is that EME bond funds display a convex flow … media coverage towards outperforming funds, and the relatively high participation costs of EME bond funds. Furthermore, we …

This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find … fund families show higher sales and redemption rates. Furthermore, family size also affects the flow … redeeming their shares from intra-family losers. -- Mutual funds ; fund family ; flow-performance relationship …

Using a large sample of institutional investors' investments in private equity funds raised between 1991 and 2011, we … sample period and for venture funds …