| Description |
1 online resource (xxiv, 588 pages) |
| Series |
Gabler research |
|
Gabler research.
|
| Contents |
Foreword; Preface; Contents; List of Tables; List of Figures; Introduction; Motivation and Relevance; Objective and Structure; Part I Delegated Portfolio Management; 1 Institutional Setting; 1.1 Role of Mutual Funds; 1.2 Objectives of Investors; 1.3 Investment Strategies; 1.4 Organizational Design; 1.5 Discussion; 2 Agency Conflicts; 2.1 Potential Conflicts of Interest; 2.2 Potential Solutions for Reducing Agency Conflicts; Part II Investment Performance; 3 Performance Measurement; 3.1 Choice of the Correct Performance Measure; 3.2 Ratio-Based Performance Evaluation |
| Summary |
Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously underperforming funds back to average levels. These results have important implications for investors, investment management companies and even regulators |
| Notes |
Ph. D. Justus-Liebig-Universität Gießen 2010 |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Mutual funds.
|
|
Affaires.
|
|
Science économique.
|
|
Mutual funds
|
| Genre/Form |
dissertations.
|
|
Academic theses
|
|
Academic theses.
|
|
Thèses et écrits académiques.
|
| Form |
Electronic book
|
| ISBN |
9783834965271 |
|
3834965278 |
|
3834927805 |
|
9783834927804 |
|
