Witryna12 gru 2024 · DOI: 10.1016/j.jbusres.2024.11.016 Corpus ID: 214064295; Herding in mutual funds: A complex network approach @article{DArcangelis2024HerdingIM, title={Herding in mutual funds: A complex network approach}, author={Anna Maria D'Arcangelis and Giulia Rotundo}, journal={Journal of Business Research}, … WitrynaWermers, Russ, 1999, Mutual fund herding and the impact on stock prices, Journal of Finance 54, 581-622. Discussion TOBIAS J. MOSKOWITZ* The current paper by Wermers is perhaps the most comprehensive and de-tailed study of mutual fund performance to date. The empirical literature on active management ability has found …
An examination of herding behaviour of the Chinese mutual funds: …
Witrynaof mutual fund investors (Goodhart et al.,2013). Most of the existing literature on the herding behavior of mutual funds overlooks the fact that herding may alter over time.1 On the other hand, recent studies on herding in the stock market (Balcilar et al.,2013;Kabir and Shakur,2024;Maghyereh et al.,2024;Fu and Wu, Witryna25 lip 2024 · The article examines whether mutual fund managers’ career concerns contribute to their herding behavior. We find that mutual funds herd, on average, 71% more in down markets than in up markets. Furthermore, we find that poorly performing funds herd, on average, 17% more than well performing funds, and that this pattern … sword scissors
Leading the herd: evidence from mutual funds’ buy and sell
Witryna8 kwi 2015 · Even simple investment funds such as mutual funds can pose financial stability risks, and regulators need to know more about them through hands-on supervision, ... As a result, asset managers may engage in herding—trading in the same direction as their peers. Measures of herding behavior have risen in the past few … WitrynaXu 2024) on mutual fund herding and its causes. Second, we contribute to the scant literature that examines the impact of mutual fund herding behavior on investment per-formance. Koch (2016) finds that funds that ‘‘lead the aggregate trades of the mutual fund industry’’ outperform because their managers are informed. Using a new ... Witryna1 dzień temu · Van Eck Associates Corp. has disbanded the team for its planned China mutual fund business, becoming the latest global firm to retreat from the 27 trillion … swords catalog