【作者单位】1 International Institute for Financial Studies (IIFS) and Research Centre of Financial Management and Risk Prevention (RCFMRP), Jiangxi University of Finance and Economics, Nanchang, China; 2 Bowling Green State University, Bowling Green, Ohio; 3 IIFS and RCFMRP, Jiangxi University of Finance and Economics, Nanchang, China; 4 School of Accounting, Jiangxi University of Finance and Economics, Nanchang, China
【年份】2014
【卷号】Vol.50No.3
【页码】81-101
【ISSN】1540-496X
【关键词】asymmetric relationship Chinese mutual funds flow-performance Morningstar performance persistence star funds
【摘要】 In this paper, we reexamine the mutual fund flow-performance relationship and star effect using mutual funds in China that have unique features of high risk and low performance persistence. Confirming prior studies, we find that fund performance is p...
