{"product_id":"9783834927804","title":"Mutual Fund Perfurmance and Perfurmance Persistence : The Impact of Fund Flows and Manager Changes (Geld - Banken - Brsen)","description":"Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously underperforming funds back to average levels. These results have important implications for investors, investment management companies and even regulators. Aus dem Inhalt:\u003cbr\u003eInstitutional Setting in Delegated Asset Management; Investment Performance Evaluation and Determinants; Comprehensive Empirical Study of Performance Persistence, Fund Flows and Manager; Changes Based on a Bayesian Approach Dr. Peter Lückoff was a research associate at the Center for Finance and Banking at the University of Giessen (Professor Wolfgang Bessler), a junior research fellow at the Pensions Institute of Cass Business School, London, and a visiting research fellow at Exeter University Business School. \u003cp\u003e\"Eine interessante Lektüre mit neuen Erkenntnissen sowohl für Akademiker als auch Investoren.\" Absolut report, 4-2012\u003c\/p\u003e","brand":"Gabler","offers":[{"title":"Default Title","offer_id":48771003777259,"sku":"00000_00000_00000_00000","price":201.41,"currency_code":"SGD","in_stock":true}],"url":"https:\/\/kinokuniya.com.sg\/products\/9783834927804","provider":"Books Kinokuniya Singapore","version":"1.0","type":"link"}