The impact of experience on risk taking, overconfidence, and herding of fund managers: Complementary survey evidence

L Menkhoff, U Schmidt, T Brozynski - European economic review, 2006 - Elsevier
Empirical research has shown that inexperienced fund managers yield significantly higher
returns than their more experienced colleagues. If the portfolios of inexperienced are not …

Investing in talents: Manager characteristics and hedge fund performances

H Li, X Zhang, R Zhao - Journal of Financial and Quantitative …, 2011 - cambridge.org
Using a large sample of hedge fund manager characteristics, we provide one of the first
comprehensive studies on the impact of manager characteristics, such as education and …

Market discipline and internal governance in the mutual fund industry

T Dangl, Y Wu, J Zechner - The Review of Financial Studies, 2008 - academic.oup.com
We develop a continuous-time model in which a portfolio manager is hired by a
management company. On the basis of observed portfolio returns, all agents update their …

Intuition in investment decision-making across cultures

H Wu - Journal of Behavioral Finance, 2022 - Taylor & Francis
Interest in the phenomenon of intuition in the fields of business and management has grown
rapidly in recent years. However, whilst this subject has seen significant theoretical …

The role of personality traits in investors trading behaviour: Empirical evidence from Greek

D Kourtidis, P Chatzoglou, Z Sevic - International Journal of Social …, 2017 - emerald.com
Purpose The purpose of this paper is to examine whether, and to what extent, specific
personality traits drive investors' trading behaviour. Design/methodology/approach This …

Fundos multimercados: desempenho, determinantes do desempenho e efeito moderador

RF Malaquias, W Eid Junior - RAM. Revista de Administração …, 2014 - SciELO Brasil
O principal objetivo deste trabalho foi analisar o desempenho dos fundos multimercados
brasileiros com uma medida alternativa, relacionada ao trabalho de Amin e Kat (2003) …

[PDF][PDF] Eficiência de mercado e desempenho de fundos multimercados

RF Malaquias, WE Junior - Revista Brasileira de Finanças, 2013 - redalyc.org
De acordo com a teoria sobre a Hipótese de Eficiência de Mercado (HEM), os preços dos
tıtulos no mercado deveriam refletir toda a informaçao até o ponto em que os custos de se …

A tale of two types: Generalists vs. specialists in asset management

R Zambrana, F Zapatero - Journal of Financial Economics, 2021 - Elsevier
Management companies assign some portfolio managers to run funds within a single
investment objective (ie, specialists), and others to run funds across several investment …

Risk shifting consequences depending on manager characteristics

L Andreu, JL Sarto, M Serrano - International Review of Economics & …, 2019 - Elsevier
This paper investigates the performance consequences of the risk shifting behavior shown
by domestic equity mutual funds through the analysis of monthly portfolio holdings. The …

Aspectos do gestor, alocação de carteiras e desempenho de fundos no Brasil

CONM Maestri, RF Malaquias - Revista Contabilidade & Finanças, 2018 - SciELO Brasil
Este trabalho pretende contribuir para a literatura sobre fundos de investimentos em
mercados emergentes ao abordar, sob a perspectiva do gestor, o desempenho dos fundos …