Efficiency in Portfolio Management of Equity Funds and Methods of Its Evaluation
[Эффективность Управления Портфелями Паевых Инвестиционных Фондов Акций И Ее Оценка]
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References listed on IDEAS
- K. J. Martijn Cremers & Antti Petajisto, 2009. "How Active Is Your Fund Manager? A New Measure That Predicts Performance," The Review of Financial Studies, Society for Financial Studies, vol. 22(9), pages 3329-3365, September.
- Martijn Cremers & Antti Petajisto, 2006. "How Active is Your Fund Manager? A New Measure That Predicts Performance," Yale School of Management Working Papers amz2370, Yale School of Management, revised 01 May 2009.
- Cremers, Martijn & Petajisto, Antti & Zitzewitz, Eric, 2013.
"Should Benchmark Indices Have Alpha? Revisiting Performance Evaluation,"
Critical Finance Review, now publishers, vol. 2(1), pages 1-48, July.
- Martijn Cremers & Antti Petajisto & Eric Zitzewitz, 2012. "Should Benchmark Indices Have Alpha? Revisiting Performance Evaluation," NBER Working Papers 18050, National Bureau of Economic Research, Inc.
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More about this item
Keywords
asset pricing model; CAPM; growth stocks; value stocks; momentum; stock liquidity; foreign portfolio investors; factor investing; financial market; mutual funds;All these keywords.
JEL classification:
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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