| 000 | 01402cam a2200241 4500500 | ||
|---|---|---|---|
| 005 | 20250121072440.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aBéreau, Sophie _eauthor |
| 700 | 1 | 0 |
_a Gnabo, Jean-Yves _eauthor |
| 700 | 1 | 0 |
_a Vanhomwegen, Henri _eauthor |
| 245 | 0 | 0 | _aMaking a difference: European mutual funds distinctiveness and peers’ performance |
| 260 | _c2020. | ||
| 500 | _a30 | ||
| 520 | _aSkilled managers of equity mutual funds can develop innovative strategies to outsmart their style peers. We unveil various causes of distinct investment strategies and test whether they enable to outperform peer competitors. We frame our paper in the context of European funds and propose a novel procedure for measuring and testing the impact of strategy distinctiveness that deals with endogenous style classification and sample noise in the comparison of peer performance. We find a strong, robust, and positive impact of strategy distinctiveness on financial performance. Yet, the marginal effect decreases with the level of distinctiveness. | ||
| 690 | _acommonality | ||
| 690 | _apeer performance | ||
| 690 | _aadaptive clustering | ||
| 690 | _aEuropean equity mutual funds | ||
| 690 | _adistinctiveness | ||
| 786 | 0 | _nFinance | 41 | 2 | 2020-06-04 | p. 7-51 | 0752-6180 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-finance-2020-2-page-7?lang=en&redirect-ssocas=7080 |
| 999 |
_c486628 _d486628 |
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