Using manager compensation disclosure and intra-family manager cooperation measures,
we create indices of family-level competitive/cooperative incentives. Families that encourage …

We re-examine US mutual fund performance persistence. We investigate persistence (i)
using both “academic” factor models and “practitioner” index models,(ii) using decile-size …

We examine whether analysts' forecast properties deter inefficient labor investment
decisions. Using accuracy and dispersion as analysts' forecast properties, we find that more …

In this research, I study the exposure of Socially Responsible mutual funds (SR) to black
industries (ie, carbon-intensive sectors: fossil fuel, metal and utilities) and its effect on the …

This paper brings together the academic literature on individual and institutional investors in
order to understand the nature of difficulties faced by them and set the background for the …

We use an instrumental variables (IV) approach to examine the effects of dynamic
endogeneity when estimating the relationship between mutual fund flows and performance …

This study aims to discover whether the characteristics of European bond fund managers
affect mutual fund performance and risk. Based on 7,930 fund-year observations, gathered …

Over the past 30 years, a striking evolution in fund management structure has taken place,
with the proportion of team-managed funds growing from 33% to over 70%. While many …

In this article, I study for first time how the board of trustees' size and independence influence
the financial performance and sustainability scores of socially responsible (SR) mutual …

We use the financial crisis of 2007–2009 as a laboratory to examine the costs and benefits
of teams versus single managers in asset management. We find that when a fund uses …