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Mutual Fund Performance And Performance Persistence Peter Lckoff

SKU: BELL-2148900

$ 31.00 ~~$ 45.00~~ (-31%)

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Mutual Fund Performance And Performance Persistence Peter Lckoff instant download after payment.

Publisher: Gabler

File Extension: PDF

File size: 2.98 MB

Pages: 614

Author: Peter Lückoff

ISBN: 3834927805

Language: English

Year: 2011

Product desciption

Mutual Fund Performance And Performance Persistence Peter Lckoff by Peter Lückoff 3834927805 instant download after payment.

Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter L??ckoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously under-performing funds back to average levels. These results have important implications for investors, investment management companies and regulators.