Impacts of Size on Mutual Funds Performance (notice n° 696774)
[ vue normale ]
000 -LEADER | |
---|---|
fixed length control field | 01134cam a2200157 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121212023.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Tran Dieu, Linh |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Impacts of Size on Mutual Funds Performance |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2019.<br/> |
500 ## - GENERAL NOTE | |
General note | 32 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Weanalyze the impact of fund size on fund performance. Using a sample of equity funds in the French market for the period from 2002 to 2014, we obtain a U-inverse relation between these two variables. Fund performance increases first and then decreases with fund size as assets under management reach a critical size. This result highlights the conflict of interest between investors and fund managers. Being payed a percentage of assets under management, fund managers try to maximize the fund’s size. An increase in fund assets, favorable to the manager, may negatively impact fund performance. Classement JEL: G20, G23, G20. |
786 0# - DATA SOURCE ENTRY | |
Note | Revue d'économie financière | 131 | 3 | 2019-01-04 | p. 285-316 | 0987-3368 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2018-3-page-285?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2018-3-page-285?lang=en&redirect-ssocas=7080</a> |
Pas d'exemplaire disponible.
Réseaux sociaux