The author examines the relationship between investor sentiment and mutual fund alpha.
The author finds that investor sentiment plays a significant role in the value and occurring …

Purpose The purpose of this study is to measure mutual funds' manager performance by
attributing it to their abilities to choose better securities (selectivity effect) and to allocate …

Diversification has its obvious benefits but its pursuit can involve a trade-off between risk-
controls and returns. We investigate this trade-off by examining the relative performance of …

We examine the issues and methods involved in evaluating the size that an equity fund
might attain before it becomes unable to create additional value for investors. We discuss …

We conduct a novel holdings‐based performance attribution, particularly suited to emerging
markets, for equity‐oriented active mutual funds in India. Although, we find significantly …

A mutual fund fee–being the price of a product–is related to the features of the product, like
fund results, which are the base in the inves's purchase decision making process. In the …

Objective: Mutual funds, by having a net asset value near to 102,771 thousands billiard Rial
by the end of 2019 plays an important role in Iran's capital market. One of the factors …

One of several important strategic decisions that have to be made by an active funds
management organization is how aggressively it implements its investment process. In this …

Asset management is a matter of identifying desirable investments that require optimally
structuring the assets within the portfolio. This study compares Puerto Rico mutual funds …

This article examines whether long-term fund alphas come from manager skill or luck. Using
a group of bootstrapped winner funds as the benchmark, we compared the actual winner …