Mutual funds are usually classified based on their stated objectives. If the stated objectives
are not the actual objectives the funds pursue, conclusions drawn by investors and …

Market style analysis is critical when designing a stock price prediction framework. Under
different market styles, stocks may show quite different behaviors; thus, predictions will vary …

Growth, both in terms of size and choice, in the mutual fund industry among emerging
markets has been impressive. However, mutual fund research in emerging markets hardly …

It is not uncommon for mutual fund managers to make significant adjustments to their
allocations before closing out their portfolios at the end of the quarter. The common wisdom …

We illustrate the use of return-based style analysis in practice using several examples. We
demonstrate the importance of selecting the right style benchmarks and how the use of …

This paper examines how style drift behavior of Chinese fund managers moderates the
impact of network centrality on fund performance. We first construct network connections of …

This paper analyses fund management styles on the Euronext stock exchanges. Especially,
we investigate how social responsibility is accounted for. We use style analysis to assess …

We studied empirically American no‐load equity mutual funds that invest in European stocks
and keep their managers for more than three years, in order to investigate the persistence of …

Investors often buy multiple funds that are actively managed, specializing within narrowly
defined market segments. To successfully implement a strategy of diversification investors …

Market styles represent patterns of stock trends in a period. Investors can discriminate and
leverage current market styles to improve their stock price forecasts and make more profits …