Portfolio Manager Ownership and Mutual Fund Risk Taking
This study examines the effects of portfolio manager ownership on the risk-taking behavior of mutual funds. Using both return-based and holding-based risk measures, we find that funds managed by portfolio managers with higher beneficial ownership exhibit lower risk. In particular, using holding-base...
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格式: | text |
語言: | English |
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Institutional Knowledge at Singapore Management University
2013
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在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/3694 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2024119 |
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