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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Bibliographic Details
Main Authors: Ma, Linlin, TANG, Yuehua
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research_smu/152
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1258&context=lkcsb_research_smu
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Institution: Singapore Management University
Language: English
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