The correlation between mutual fund managers' personal attributes and operational behaviour characteristics and fund performance

References

• Maxam , C. L. , Nikbakht , E. , Petrova , M. and Spieler , A. C. 2006 . Manager characteristics and hedge fund performance . Journal of Applied Finance , 16 ( 2 ) : 57 – 70 .
   Google Scholar
• Lemak , D. J. and Satish , P. K. 1996 . Mutual fund performance and managers' terms of service: Are there performance differences? . The Journal of Investing , 5 ( 4 ) : 59 – 63 .
   Google Scholar
• Demsetz , H. and Lehn , K. 1985 . The structure of corporate ownership: Causes and consequences . Journal of Political Economy , 93 ( 6 ) : 1155 – 1177 .
   Web of Science ®Google Scholar
• Chevalier , J. and Ellison , G. 1999 . Are some mutual fund managers better than others? Cross-sectional patterns in behavior and performance . Journal of Finance , 54 ( 3 ) : 875 – 899 .
   Web of Science ®Google Scholar
• Lakonishok , J. , Shleifer , A. , Thaler , R. and Vishny , R. 1991 . Window dressing by pension fund managers . The American Economic Review , 81 ( 2 ) : 227 – 231 .
   Web of Science ®Google Scholar
• Golec , J. H. 1996 . The effects of mutual fund manager's characteristics on their portfolio performance, risk and fees . Financial Services Review , 5 ( 2 ) : 133 – 147 .
   Google Scholar
• Zheng , L. 1999 . Is money smart? A study of mutual fund investors' fund selection ability . The Journal of Finance , 54 ( 3 ) : 901 – 933 .
   Web of Science ®Google Scholar
• Ammann , M. and Verhofen , M. 2007 . Prior performance and risk-taking of mutual fund managers: A dynamic Bayesian network approach . The Journal of Behavioral Finance , 8 ( 1 ) : 20 – 34 .
   Google Scholar
• Grinblatt , M. , Titman , S. and Wermers , R. 1995 . Momentum investment strategies, portfolio performance, and herding: A study of mutual fund behavior . American Economic Review , 85 ( 5 ) : 1088 – 1105 .
   Web of Science ®Google Scholar
• Chen , M. H. , Chen , S. J. , Liao , C. N. and Lin , C. M. 2008 . Taiwanese mutual fund performance under different central bank of China monetary policy environments . Emerging Markets, Finance & Trade , 44 ( 2 ) : 100 – 116 .
   Web of Science ®Google Scholar
• Money Management Executive . 2007 . Funds run by both men and women underperform , 15 ( 39 ) : 7
   Google Scholar
• Ippolito , R. A. 1992 . Consumer reaction to measures of poor quality: Evidence from the mutual fund industry . Journal of Law and Economics , 35 ( 1 ) : 45 – 70 .
   Web of Science ®Google Scholar
• Sutermeister , R. A. 1976 . “ People and Productivity ” . In Book C., , 3rd , New York : McGraw-Hill .
   Google Scholar
• Imişiker , S. and Özlale , Ü. 2008 . Assessing selectivity and market timing performance of mutual funds for an emerging market: The case of turkey . Emerging Markets, Finance & Trade , 44 ( 2 ) : 87 – 99 .
   Web of Science ®Google Scholar
• Chiu , S. B. 1992 . Multi-period agency problems in portfolio management . NTU Management Review , 3 ( 1 ) : 279 – 309 .
   Google Scholar