This study extends the literature on the relationship between recent performance and the movement of managed funds' assets by investigating the effects of fund size and age. The results confirm a size effect, as well as an age effect. Tests distinguishing between the two favor a size rather than...

This paper presents a case study of the regulation and subsequent deregulation of the bulk liquid petroleum gas industry in Queensland. During the period of the regulated franchise system, prices paid by bulk liquid petroleum gas customers in southeast Queensland were higher than those paid by...

We study a unique data set in order to examine the performance of a sample of 169 global private equity real estate investment funds across the core, value-add and opportunistic investment style categories over the most recent property cycle (2001-2011). We employ a multi-factor asset pricing...