Mutual Fund Performance and Performance Persistence The Impact of Fund Flows and Manager Changes /

• Main Author: Lückoff, Peter (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Gabler, 2011.
• Subjects: Business.; Tax accounting.; Tax laws.; Finance.; Business and Management.; Business Taxation/Tax Law.; Finance, general.

Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously...