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Changing names with style : mutual fund name changes and their effcts on fund flows

Cooper, Michael J - ; Gulen, Huseyin - ; Rau, P. Raghavendra - ;

We examine whether mutual funds change their names to take advanrage of current hot investment styles, and what effects these name changes have on inflows to the funds, and to the fund's subsequent returns. We find that the year after a fund changes its name to reflect a current hot style, the fund experiences an average cumulative abnormal flow of 28 %, with no improvement in performance..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: The American Finance Association
Edisi-
SubjekInvestment
Mutual fund
ISBN/ISSN00221082
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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