Mutual Fund Performance and Performance Persistence
Author | : Peter Lückoff |
Publisher | : Springer Science & Business Media |
Total Pages | : 604 |
Release | : 2011-01-22 |
ISBN-10 | : 9783834965271 |
ISBN-13 | : 3834965278 |
Rating | : 4/5 (278 Downloads) |
Download or read book Mutual Fund Performance and Performance Persistence written by Peter Lückoff and published by Springer Science & Business Media. This book was released on 2011-01-22 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.