메뉴 건너뛰기




Volumn 43, Issue 3, 2008, Pages 741-767

Liquidity, investment style, and the relation between fund size and fund performance

Author keywords

[No Author keywords available]

Indexed keywords


EID: 53549128137     PISSN: 00221090     EISSN: None     Source Type: Journal    
DOI: 10.1017/S0022109000004270     Document Type: Article
Times cited : (208)

References (26)
  • 2
    • 12144279436 scopus 로고    scopus 로고
    • Mutual Fund Flows and Performance in Rational Markets
    • Berk, J., and R. Green. "Mutual Fund Flows and Performance in Rational Markets." Journal Political Economy, 112 (2004), 1269-1295.
    • (2004) Journal Political Economy , vol.112 , pp. 1269-1295
    • Berk, J.1    Green, R.2
  • 3
    • 0002624840 scopus 로고    scopus 로고
    • On Persistence of Mutual Fund Performance
    • Carhart, M. "On Persistence of Mutual Fund Performance." Journal of Finance, 52 (1997), 57-82.
    • (1997) Journal of Finance , vol.52 , pp. 57-82
    • Carhart, M.1
  • 4
    • 0040925659 scopus 로고    scopus 로고
    • On the Perils of Financial Intermediaries Setting Security Prices: The Mutual Fund Wild Card Option
    • Chalmers, J.; R. Edelen; and G. Kadlec. "On the Perils of Financial Intermediaries Setting Security Prices: the Mutual Fund Wild Card Option." Journal of Finance, 56 (2001), 2209-2236.
    • (2001) Journal of Finance , vol.56 , pp. 2209-2236
    • Chalmers, J.1    Edelen, R.2    Kadlec, G.3
  • 6
    • 84993899497 scopus 로고
    • The Behavior of Stock Prices around Institutional Trades
    • Chan, L., and J. Lakonishok. "The Behavior of Stock Prices around Institutional Trades." Journal of Finance, 50 (1995), 1147-1174.
    • (1995) Journal of Finance , vol.50 , pp. 1147-1174
    • Chan, L.1    Lakonishok, J.2
  • 7
    • 16244404602 scopus 로고    scopus 로고
    • Does Fund Size Erode Performance? Liquidity, Organizational Diseconomies and Active Money Management
    • Chen, J.; H. Hong; M. Huang; and J. Kubik. "Does Fund Size Erode Performance? Liquidity, Organizational Diseconomies and Active Money Management." American Economic Review, 94 (2004), 1276-1302.
    • (2004) American Economic Review , vol.94 , pp. 1276-1302
    • Chen, J.1    Hong, H.2    Huang, M.3    Kubik, J.4
  • 10
    • 0000446210 scopus 로고    scopus 로고
    • Investor Flows and the Assessed Performance of Open-End Mutual Funds
    • Edelen, R. "Investor Flows and the Assessed Performance of Open-End Mutual Funds." Journal of Financial Economics, 53 (1999), 439-466.
    • (1999) Journal of Financial Economics , vol.53 , pp. 439-466
    • Edelen, R.1
  • 11
    • 0039738564 scopus 로고    scopus 로고
    • A First Look at the Accuracy of the CRSP Mutual Fund Database and a Comparison of the CRSP and Morningstar Mutual Fund Databases
    • Elton, E.; M. Gruber; and C. Blake. "A First Look at the Accuracy of the CRSP Mutual Fund Database and a Comparison of the CRSP and Morningstar Mutual Fund Databases." Journal of Finance, 56 (2001), 2415-2430.
    • (2001) Journal of Finance , vol.56 , pp. 2415-2430
    • Elton, E.1    Gruber, M.2    Blake, C.3
  • 13
    • 0013413658 scopus 로고    scopus 로고
    • Multifactor Explanations of Asset-Pricing Anomalies
    • Fama, E., and K. French. "Multifactor Explanations of Asset-Pricing Anomalies." Journal of Finance, 51 (1996), 55-84.
    • (1996) Journal of Finance , vol.51 , pp. 55-84
    • Fama, E.1    French, K.2
  • 14
    • 0000928969 scopus 로고
    • Risk, Return, and Equilibrium: Empirical Tests
    • Fama, E., and J. MacBeth. "Risk, Return, and Equilibrium: Empirical Tests." Journal of Political Economy, 81 (1973), 607-636.
    • (1973) Journal of Political Economy , vol.81 , pp. 607-636
    • Fama, E.1    MacBeth, J.2
  • 15
    • 0039056070 scopus 로고    scopus 로고
    • Measuring Fund Strategy and Performance in Changing Economic Conditions
    • Person, W., and R. Schadt. "Measuring Fund Strategy and Performance in Changing Economic Conditions." Journal of Finance, 51 (1996), 425-461.
    • (1996) Journal of Finance , vol.51 , pp. 425-461
    • Person, W.1    Schadt, R.2
  • 16
    • 33645074940 scopus 로고    scopus 로고
    • Favoritism in Mutual Fund Families? Evidence of Strategic Cross-Fund Subsidization
    • Caspar, J.; M. Massa; and P. Matos. "Favoritism in Mutual Fund Families? Evidence of Strategic Cross-Fund Subsidization." Journal of Finance, 61 (2006), 73-104.
    • (2006) Journal of Finance , vol.61 , pp. 73-104
    • Caspar, J.1    Massa, M.2    Matos, P.3
  • 17
    • 0001264756 scopus 로고
    • Mutual Fund Performance: An Analysis of Quarterly Portfolio Holdings
    • Grinblatt, M., and S. Titman. "Mutual Fund Performance: An Analysis of Quarterly Portfolio Holdings." Journal of Business, 62 (1989), 393-416.
    • (1989) Journal of Business , vol.62 , pp. 393-416
    • Grinblatt, M.1    Titman, S.2
  • 20
    • 0031498263 scopus 로고    scopus 로고
    • Transactions Costs and Investment Style: An Inter-Exchange Analysis of Institutional Equity Trades
    • Keim, D., and A. Madhavan. "Transactions Costs and Investment Style: An Inter-Exchange Analysis of Institutional Equity Trades." Journal of Financial Economics, 46 (1997), 265-292.
    • (1997) Journal of Financial Economics , vol.46 , pp. 265-292
    • Keim, D.1    Madhavan, A.2
  • 21
    • 84977730741 scopus 로고
    • Inferring Trade Direction from Intraday Data
    • Lee, C., and M. Ready. "Inferring Trade Direction from Intraday Data." Journal of Finance, 46 (1991), 733-747.
    • (1991) Journal of Finance , vol.46 , pp. 733-747
    • Lee, C.1    Ready, M.2
  • 22
    • 0040696234 scopus 로고
    • The Right Amount of Assets under Management
    • Perold, A., and R. Salomon. "The Right Amount of Assets under Management." Financial Analysts Journal, 47 (1991), 31-39.
    • (1991) Financial Analysts Journal , vol.47 , pp. 31-39
    • Perold, A.1    Salomon, R.2
  • 24
    • 0008443175 scopus 로고    scopus 로고
    • Information Production and Capital Allocation: Decentralized versus Hierarchical Firms
    • Stein, J. "Information Production and Capital Allocation: Decentralized versus Hierarchical Firms." Journal of Finance, 57 (2002), 1891-1921.
    • (2002) Journal of Finance , vol.57 , pp. 1891-1921
    • Stein, J.1
  • 25
    • 0031537006 scopus 로고    scopus 로고
    • Board Structure and Fee-Setting in the Mutual Fund Industry
    • Tufano, P., and M. Sevick. "Board Structure and Fee-Setting in the Mutual Fund Industry." Journal of Financial Economics, 46 (1997), 321-355.
    • (1997) Journal of Financial Economics , vol.46 , pp. 321-355
    • Tufano, P.1    Sevick, M.2
  • 26
    • 0038185576 scopus 로고    scopus 로고
    • Mutual Fund Performance: An Empirical Decomposition into Stock-Picking Talent, Style, Transactions Costs, and Expenses
    • Wermers, R. "Mutual Fund Performance: An Empirical Decomposition into Stock-Picking Talent, Style, Transactions Costs, and Expenses." Journal of Finance, 55 (2000), 1655-1695.
    • (2000) Journal of Finance , vol.55 , pp. 1655-1695
    • Wermers, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.