Mutual Fund Performance Persistence, Market Efficiency, and Breadth

2012 ◽  
Author(s):  
Joop Huij ◽  
Simon D. Lansdorp
Keyword(s):  
Market Efficiency ◽  
Mutual Fund ◽  
Fund Performance ◽  
Performance Persistence ◽  
Mutual Fund Performance

Pittinos Financial Advisers, LLC

2017 ◽  
pp. 1-10
Author(s):  
Marc L. Lipson ◽  
Richard B. Evans
Keyword(s):  
Market Efficiency ◽  
Mutual Fund ◽  
Financial Services ◽  
Fund Performance ◽  
Mutual Fund Performance ◽  
Selection Of

The owner of a small financial services firm is evaluating the performance of four funds to determine whether to offer them to his clients. The funds span a variety of objectives and include a recently initiated fund. The case explores issues related to the evaluation of mutual fund performance, including the selection of benchmarks and the effect of fees. The case provides a natural and compelling context in which to discuss market efficiency.

MUTUAL FUND PERFORMANCE IN DEVELOPING AND ADVANCED WORLD NETWORKS

2019 ◽  
Vol 64 (02) ◽  
pp. 399-421 ◽  
Author(s):  
KEYI ZHANG ◽  
RAMAZAN GENÇAY
Keyword(s):  
Mutual Funds ◽  
Mutual Fund ◽  
Complete Information ◽  
Fund Performance ◽  
Performance Persistence ◽  
Mutual Fund Performance ◽  
Market Information ◽  
Fund Manager ◽  
Equity Funds

We propose a new determinant of mutual fund performance persistence. We argue that different funds have different abilities to generate persistent performance and that such heterogeneity across funds can be explained by fund manager access to market information. To justify this hypothesis, we construct a network of mutual funds based on the commonality of their stock holdings and use network features to characterize how well a fund acquires and utilizes market information. Based on a sample of U.S. equity funds from 2001 to 2014, we find that a mutual fund with more complete information is more likely to possess momentum in performance.

What Explains Mutual Fund Performance Persistence? International Evidence

2010 ◽  
Author(s):  
Aneel Keswani ◽  
Miguel A. Ferreira ◽  
Antonio F. Miguel ◽  
Sofia Brito Ramos
Keyword(s):  
Mutual Fund ◽  
Fund Performance ◽  
Performance Persistence ◽  
Mutual Fund Performance ◽  
International Evidence
Sign in / Sign up

Export Citation Format

Share Document