Advanced search
Publication Cover
Applied Economics Letters Volume 19, 2012 - Issue 8
Submit an article Journal homepage
377
Views
3
CrossRef citations to date
0
Altmetric
Original Articles

Mutual fund performance: banking versus independent managers

Juan Carlos Matallin-Saez Departament de Finances i Comptabilitat, Universitat Jaume I, 12071, Castellón, SpainCorrespondence[email protected]
,
Amparo Soler-Dominguez Departament de Finances i Comptabilitat, Universitat Jaume I, 12071, Castellón, Spain
&
Emili Tortosa-Ausina Departament d'Economia and Ivie, Universitat Jaume I, 12071, Castellón, Spain
Pages 755-758 | Published online: 09 Sep 2011

References

  • Alves , C. and Mendes , V. 2010 . Mutual funds biased preference for the parent's stock: evidence and explanation . Applied Financial Economics , 20 : 1309 – 20 .
  • Beckers , S. and Vaughan , G. 2001 . Small is beautiful . The Journal of Portfolio Management , 27 : 9 – 17 .
  • Chen , X. , Yao , T. and Yu , T. 2007 . Prudent man or agency problem? On the performance of insurance mutual funds . Journal of Financial Intermediation , 16 : 175 – 203 .
  • Flavin , T. 2006 . How risk averse are fund managers? Evidence from Irish mutual funds . Applied Financial Economics , 16 : 1355 – 63 .
  • Hu , J. L. and Chang , T. P. 2008 . Decomposition of mutual fund underperformance . Applied Financial Economics Letters , 4 : 363 – 7 .
  • Kempf , A. , Ruenzi , S. and Thiele , T. 2009 . Employment risk, compensation incentives, and managerial risk taking: evidence from the mutual fund industry . Journal of Financial Economics , 92 : 92 – 108 .
  • Lütje , T. 2009 . To be good or to be better: asset managers’ attitudes towards herding . Applied Financial Economics , 19 : 825 – 39 .
  • Matallin-Saez , J. 2007 . Portfolio performance: Factors or benchmarks? . Applied Financial Economics , 17 : 1167 – 78 .
  • Matallin-Saez , J. 2010 . On causality in the size-efficiency relationship: the effect of investor cash flows on the mutual fund industry . Applied Economics , doi: DOI: 10.1080/00036841003800849.
  • Mehran , H. and Stulz , R. M. 2007 . The economics of conflicts of interest in financial institutions . Journal of Financial Economics , 85 : 267 – 96 .
  • Menkhoff , L. 2011 . Are momentum traders different? Implications for the momentum puzzle . Applied Economics , doi: DOI: 10.1080/00036846.2010.491462
  • Menkhoff , L. and Schmidt , U. 2005 . The use of trading strategies by fund managers: some first survey evidence . Applied Economics , 37 : 1719 – 30 .
  • Newey , W. and West , D. 1987 . A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix . Econometrica , 55 : 703 – 8 .
  • Puckett , A. and Yan , X. 2011 . The interim trading skills of institutional investors . The Journal of Finance , 66 : 601 – 33 .
  • Rodriguez , J. 2008 . European mutual funds and portfolio's country exposure: Does active management add value? . Applied Financial Economics , 18 : 683 – 9 .
  • Sharpe , W. 1992 . Asset allocation: management style and performance measurement . The Journal of Portfolio Management , 18 : 7 – 19 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.