Using factor models we empirically investigate the performance of European Monetary
Union (EMU) bond managers. We find that (1) alpha is time varying,(2) bond managers …

Evaluating the performance of mutual funds in the light of increased competition has
become more significant in the capital market. Proper identification of investment style and …

This article evaluates the performance of mutual funds players in India based on their
resource mobilization during the past decade. The players are broadly classified into private …

W. Sharpe's (,) returns-based style analysis provides an excellent opportunity to use a
sophisticated portfolio-analysis tool in the classroom to help illustrate important topics in …

The main interest of subscribers to mutual funds is knowing how much their wealth grows
and, thus, the whole performance of a fund manager in a fixed interval of time. Closely …

We investigate the factors driving mutual funds to alter their investment styles and examine
the consequences of such style shifts within a multi-style framework. Our approach involves …

This book provides both practitioners and academics with a scientific approach to portfolio
selection using Goal Programming, an approach which is capable as far as is possible of …

Factor investing has emerged as the new paradigm for long-term investment. Applied to
equities, factor investing is probably the most serious contender to the classical industry …

Mutual fund managers face heavy competition and have incentives to quickly re‐allocate
their portfolios in order to achieve and beat their performance targets. However, portfolio …

The objective of this paper is to assess whether Australian multi-sector managed funds are
misclassified, and then, having found this to be the case, determine if this misclassification …