Passive investors—ETFs and index funds—are the most important development in modern-
day capital markets, dictating trillions of dollars in capital flows and increasingly owning …

This paper surveys and critically evaluates the literature on the role of management effects
and fund characteristics in mutual fund performance. First, a brief overview of performance …

This article examines competition and investor behavior in the mutual fund industry for the
universe of US mutual funds during 1976–2009. Over this period, industry assets increased …

This study examines fund family performance, in terms of selectivity and market timing skills
of fund family managers, in Saudi Arabia, Malaysia, Indonesia, and Pakistan from 2007 …

We analyze the investment behavior of affiliated funds of mutual funds (AFoMFs), which are
mutual funds that can only invest in other funds in the family, and are offered by most large …

This study aims to examine fund family performance, in terms of selectivity skills and
marketing timing ability, in Saudi Arabia, Malaysia, Indonesia, and Pakistan in 2007–2021 …

When analyzing relative performance, especially at the institutional level, the traditional data
envelopment analysis (DEA) models do not recognize vastly different and important …

We develop a model of performance evaluation and fund flows for mutual funds in a family.
Family performance has two effects on a member fund's estimated skill and inflows: a …

We examine the effects of mutual fund families' strategic decisions, particularly the
advertising decision, on investor flows into the families. We find evidence that beyond …

Purpose This paper aims to investigate the influence of social interactions on mutual fund
portfolios from the perspective of alumni network in China. Design/methodology/approach …