All in the family: Economies of scale in retail and institutional investment management
This paper examines the (dis)economies of scale related to the joint management of retail mutual funds and institutional funds (i.e., investment portfolios catering to institutional clients). Similar to well-known observations for mutual funds, the performance of institutional funds is negatively re...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5304 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6303/viewcontent/Family_201701.pdf |
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| Institution: | Singapore Management University |
| Language: | English |