Add to ORKGtextabstractUsing monthly return data of more than 6,400 US equity mutual funds we investigate short-run performance persistence over the period 1984-2003. We sort funds into rank portfolios based on past performance, and evaluate the portfolios' out-of-sample performance. To cope with short ranking periods, we employ an empirical Bayes approach to measure past performance more efficiently. Our main finding is that when funds are sorted into decile portfolios based on 12-month ranking periods, the top decile of funds earns a statistically significant, abnormal return of 0.26 percent per month. This effect persists beyond load fees, and is mainly concentrated in relatively young, small cap/growth funds
Many studies have discussed mutual funds performance, especially about the persistence of excess ret...
This paper studies the persistence of mutual fund performance. Academic research often focuses on fu...
This research makes an attempt to determine persistence in the mutual fund returns. i.e. an effort h...
Using monthly return data of more than 6,400 US equity mutual funds we investigate short-run perform...
Using monthly return data of more than 6,400 US equity mutual funds we investigate short-run perform...
Using daily return data from 448 actively managed mutual funds over a recent 9-year period, we look ...
This paper analyzes persistence in US equity mutual fund performance over the period 1990–2015. We a...
The relative performance of no-load, growth-oriented mutual funds persists in the near term, with th...
Using daily return data from 448 actively managed mutual funds over a recent 9-year period, we look ...
Using a dataset free of survivorship bias, we investigate the performance and performance persistenc...
The authors explore performance persistence in mutual funds using absolute and relative benchmarks. ...
We study performance persistence across a global sample of equity mutual funds from 27 countries. In...
This paper investigates the performance, persistence, and business cycle asymmetries in active Norw...
We re-examine US mutual fund performance persistence. We investigate persistence (i) using both “aca...
In order to analyze short-term persistence in Norwegian equity mutual fund returns, two methods are ...
Many studies have discussed mutual funds performance, especially about the persistence of excess ret...
This paper studies the persistence of mutual fund performance. Academic research often focuses on fu...
This research makes an attempt to determine persistence in the mutual fund returns. i.e. an effort h...
Using monthly return data of more than 6,400 US equity mutual funds we investigate short-run perform...
Using monthly return data of more than 6,400 US equity mutual funds we investigate short-run perform...
Using daily return data from 448 actively managed mutual funds over a recent 9-year period, we look ...
This paper analyzes persistence in US equity mutual fund performance over the period 1990–2015. We a...
The relative performance of no-load, growth-oriented mutual funds persists in the near term, with th...
Using daily return data from 448 actively managed mutual funds over a recent 9-year period, we look ...
Using a dataset free of survivorship bias, we investigate the performance and performance persistenc...
The authors explore performance persistence in mutual funds using absolute and relative benchmarks. ...
We study performance persistence across a global sample of equity mutual funds from 27 countries. In...
This paper investigates the performance, persistence, and business cycle asymmetries in active Norw...
We re-examine US mutual fund performance persistence. We investigate persistence (i) using both “aca...
In order to analyze short-term persistence in Norwegian equity mutual fund returns, two methods are ...
Many studies have discussed mutual funds performance, especially about the persistence of excess ret...
This paper studies the persistence of mutual fund performance. Academic research often focuses on fu...
This research makes an attempt to determine persistence in the mutual fund returns. i.e. an effort h...