Idiosyncratic Risk and Risk Taking Behavior of Mutual Fund Managers

Idiosyncratic Risk and Risk Taking Behavior of Mutual Fund Managers

I propose that various measures of mutual funds’ performance are more consistent with their investment capability when mutual funds present low idiosyncratic risks. This paper finds conditional predictor for funds’ returns: alpha predicts returns positively for low idiosyncratic risk funds. It sugge...

Full description

Saved in:
Bibliographic Details
Main Author: WANG, Gao
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
mutual funds
idiosyncratic risk
risk taking
investment skills
Portfolio and Security Analysis
Online Access:https://ink.library.smu.edu.sg/etd_coll/59
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1058&context=etd_coll
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/etd_coll/59
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1058&context=etd_coll

Similar Items