Geld - Banken - Börsen

Mutual Fund Performance and Performance Persistence

The Impact of Fund Flows and Manager Changes

Authors: Lückoff, Peter

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eBook $119.00
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  • ISBN 978-3-8349-6527-1
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Softcover $159.00
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  • ISBN 978-3-8349-2780-4
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About this book

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 outperforming and previously underperforming funds back to average levels. These results have important implications for investors, investment management companies and even regulators.

About the authors

Dr. Peter Lückoff was a research associate at the Center for Finance and Banking at the University of Giessen (Professor Wolfgang Bessler), a junior research fellow at the Pensions Institute of Cass Business School, London, and a visiting research fellow at Exeter University Business School.

Reviews

"Eine interessante Lektüre mit neuen Erkenntnissen sowohl für Akademiker als auch Investoren." Absolut report, 4-2012


Table of contents (9 chapters)

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-8349-6527-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $159.00
price for USA
  • ISBN 978-3-8349-2780-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Mutual Fund Performance and Performance Persistence
Book Subtitle
The Impact of Fund Flows and Manager Changes
Authors
Series Title
Geld - Banken - Börsen
Copyright
2011
Publisher
Gabler Verlag
Copyright Holder
Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden
eBook ISBN
978-3-8349-6527-1
DOI
10.1007/978-3-8349-6527-1
Softcover ISBN
978-3-8349-2780-4
Edition Number
1
Number of Pages
XXIV, 588
Number of Illustrations and Tables
37 b/w illustrations
Topics