This paper shows that trust-building characteristics of fund managers affect purchase decisions of mutual fund … investors. We exploit variation in fund managers' prior affiliations with the well-trusted U.S. military institution and relate … it to fund flows. Results show that funds with ex-military managers receive significantly higher flows and grow by 6.5% p …

information about investors horizon. That allows portfolio managers to manage liquidity more efficiently, and to improve …

This questionnaire survey of fund managers in the United States, Germany and Switzerland documents a distinctly … significantly related to higher working effort but not to risk taking. They also seem to induce fund managers to rely more on … fundamental information. Findings within regions are confirmed by Trans-Atlantic evidence as US fund managers receive larger …

This questionnaire survey of fund managers in USA, Germany, and Switzerland documents a distinctly positive influence … to higher working effort but not to risk-taking. They also seem to induce fund managers to rely more on fundamental … information. Findings within regions are confirmed by Transatlantic evidence as US fund managers receive larger bonuses but also …

We present evidence of the impact of buy-side analysts on the behavior and performance of fund managers. Using data …. Our results show that buy-side analysts have a significant influence on trading decisions: Fund managers almost certainly …

evidence from 692 fund managers in five countries, the vast majority of whom rely on technical analysis. At a forecasting … psychological influences. Consequently, technicians apply trend-following behavior. -- fund managers ; technical analysis …

fund manager duality using a broad sample of single managed US equity funds. We find that duality managers significantly … underperform non-duality managers. This underperformance results from duality funds in the bottom performance quintile. This … suggests that duality managers can avoid being laid off despite their bad performance. Consistent with this lower risk of …

, the fund manager is often replaced. We argue that this may lead to excessive risk-taking if fund managers differ in … ability and have the opportunity to take excessive risk. To match the benchmark, fund managers may increase the risk of their …