Similar Search Results

Menu simplification for portfolio selection under short-sales constraints

AitSahlia, Farid; Doellman, Thomas; Sardarli, Sabuhi - In: European financial management : the journal of the … 29 (2023) 1, pp. 3-21

Persistent link: https://www.econbiz.de/10014253878

Difference in interim performance and risk taking with short-sale constraints

Başak, Suleyman; Makarov, Dmitry - In: Journal of financial economics 103 (2012) 2, pp. 377-392

Persistent link: https://www.econbiz.de/10009501365

Fund flows inducing mispricing of risk in competitive financial markets

Stahmer, Axel - 2015

This paper studies the effect of new fund flows on investment behavior and the resulting equilibrium price of risk. The Small Fund Industry model shows equilibria with overinvestment in unprofitable and underinvestment in profitable investment opportunities. The Large Fund Industry model derives...

Persistent link: https://www.econbiz.de/10011389297

Style representation and portfolio choice

Massa, Massimo; Simonov, Andrei; Stenkrona, Anders - In: Journal of financial markets 23 (2015), pp. 1-25

Persistent link: https://www.econbiz.de/10011377484

A rational theory of mutual funds' attention allocation

Kacperczyk, Marcin; Nieuwerburgh, Stijn van; Veldkamp, Laura - In: Econometrica : journal of the Econometric Society, an … 84 (2016) 2, pp. 571-626

Persistent link: https://www.econbiz.de/10011552541

The tradeoff between mutual fund and direct stock investments : a theoretical analysis involving different types of investors

Marekwica, Marcel; Steininger, Bertram I. - In: Review of managerial science 8 (2014) 2, pp. 197-224

Persistent link: https://www.econbiz.de/10010253839

Non-fundamental demand and style returns

Ben-David, Itzhak; Li, Jiacui; Rossi, Andrea; Song, Yang - 2020

We show that mutual fund ratings generate correlated demand that creates systematic price fluctuations. Mutual fund investors chase fund performance via Morningstar ratings. Until June 2002, funds pursuing the same investment style had highly correlated ratings. Therefore, rating-chasing...

Persistent link: https://www.econbiz.de/10012388379