Challenging the conventional wisdom on active management: A review of the past 20 years of academic literature on actively managed mutual funds
KJM Cremers, JA Fulkerson, TB Riley - Financial Analysts Journal, 2019 - Taylor & Francis
Just over 20 years have passed since the publication of Mark Carhart's landmark 1997 study
on mutual funds. Its conclusion—that the data did “not support the existence of skilled or …
on mutual funds. Its conclusion—that the data did “not support the existence of skilled or …
Puzzle solved? A comprehensive analysis of hedge fund-like mutual funds according to the value-added paradigm
N Light, I Stetsyuk - Journal of Asset Management, 2022 - Springer
Mutual funds that claim hedge fund strategies (HMFs) have experienced large increases in
assets under management, yet academic studies are nearly unanimous in their negative …
assets under management, yet academic studies are nearly unanimous in their negative …
The cross-section of liquid absolute return funds
J Klement - The Journal of Index Investing, 2015 - search.proquest.com
The author uses a dataset of 1,140 global liquid absolute return-oriented mutual funds to
analyze the performance of this new class of mutual funds. He sorts these funds into 15 …
analyze the performance of this new class of mutual funds. He sorts these funds into 15 …
Do hedge funds bet against beta?
A Malakhov, TB Riley, Q Yan - International Review of Economics & …, 2024 - Elsevier
Differences in conditions within the mutual fund and hedge fund industries should lead to
different approaches with respect to the low beta anomaly. We find that, unlike most mutual …
different approaches with respect to the low beta anomaly. We find that, unlike most mutual …
Return-based classification of absolute return funds
P Gerlach, R Maurer - Journal of Asset Management, 2015 - Springer
We apply a return-based classification approach on a sample of absolute return funds
registered for sale in Europe. The classification process results in eight groups with specific …
registered for sale in Europe. The classification process results in eight groups with specific …
[BOOK][B] Three Essays on the Performance Evaluation of Actively Managed Investment Funds
Q Yan - 2021 - search.proquest.com
Three Essays on the Performance Evaluation of Actively Managed Investment Funds A
dissertation submitted in partial fulfillment Page 1 Three Essays on the Performance …
dissertation submitted in partial fulfillment Page 1 Three Essays on the Performance …