181
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Fund sentiment beta and delegated investment

, , & ORCID Icon

References

  • Baker, M., and J. Wurgler. 2006. “Investor Sentiment and the Cross‐section of Stock Returns.” Journal of Finance 61 (4): 1645–1680. doi:10.1111/j.1540-6261.2006.00885.x.
  • Baker, M., and J. Wurgler. 2007. “Investor Sentiment in the Stock Market.” Journal of Economic Perspectives 21 (2): 129–151. doi:10.1257/jep.21.2.129.
  • Barberis, N., and A. Shleifer. 2003. “Style Investing.” Journal of Financial Economics 68 (2): 161–199. doi:10.1016/S0304-405X(03)00064-3.
  • Berk, J. B., and R. C. Green. 2004. “Mutual Fund Flows and Performance in Rational Markets.” Journal of Political Economy 112 (6): 1269–1295. doi:10.1086/424739.
  • Chen, J., H. Hong, M. Huang, and J. D. Kubik. 2004. “Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization.” American Economic Review 94 (5): 1276–1302. doi:10.1257/0002828043052277.
  • Cooper, M. J., H. Gulen, and P. R. Rau. 2005. “Changing Names with Style: Mutual Fund Name Changes and Their Effects on Fund.” Journal of Finance 60 (6): 2825–2858. doi:10.1111/j.1540-6261.2005.00818.x.
  • Gervais, S., A. W. Lynch, and D. K. Musto. 2005. “Fund Families as Delegated Monitors of Money Managers.” Review of Financial Studies 18 (4): 1139–1169. doi:10.1093/rfs/hhi031.
  • Heaton, J. B. 2002. “Managerial Optimism and Corporate Finance.” Financial Management 31 (2): 33–45. doi:10.2307/3666221.
  • Massa, M., and V. Yadav. 2015. “Investor Sentiment and Mutual Fund Strategies.” Journal of Financial and Quantitative Analysis 50 (4): 699–727. doi:10.1017/S0022109015000253.
  • Shleifer, A., and R. W. Vishny. 1997. “The Limits of Arbitrage.” Journal of Finance 52 (1): 35–55. doi:10.1111/j.1540-6261.1997.tb03807.x.
  • Wang, J., X. Wang, X. Zhuang, and J. Yang. 2017. “Optimism Bias, Portfolio Delegation, and Economic Welfare.” Economics Letters 150: 111–113. doi:10.1016/j.econlet.2016.11.025.
  • Zheng, Y., E. Osmer, and R. Zhang. 2018. “Sentiment Hedging: How Hedge Funds Adjust Their Exposure to Market Sentiment.” Journal of Banking & Finance 88: 147–160. doi:10.1016/j.jbankfin.2017.11.016.

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:

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:

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.