000 01955nam a22004575i 4500
001 978-3-8349-6527-1
003 DE-He213
005 20140220083820.0
007 cr nn 008mamaa
008 110121s2011 gw | s |||| 0|eng d
020 _a9783834965271
_9978-3-8349-6527-1
024 7 _a10.1007/978-3-8349-6527-1
_2doi
050 4 _aHG1-9999
050 4 _aHG4501-6051
050 4 _aHG1501-HG3550
072 7 _aKFF
_2bicssc
072 7 _aKFFK
_2bicssc
072 7 _aBUS027000
_2bisacsh
072 7 _aBUS004000
_2bisacsh
082 0 4 _a657.8333
_223
082 0 4 _a658.152
_223
100 1 _aLückoff, Peter.
_eauthor.
245 1 0 _aMutual Fund Performance and Performance Persistence
_h[electronic resource] :
_bThe Impact of Fund Flows and Manager Changes /
_cby Peter Lückoff.
264 1 _aWiesbaden :
_bGabler,
_c2011.
300 _aXXIV, 588p. 37 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
520 _aSuperior 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.
650 0 _aEconomics.
650 0 _aBanks and banking.
650 1 4 _aEconomics/Management Science.
650 2 4 _aFinance /Banking.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783834927804
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8349-6527-1
912 _aZDB-2-SBE
999 _c108767
_d108767