Aggregate mutual fund holdings and fund performance
In this paper we examine the differences in aggregate ownership of stocks held by passive equity funds and active equity funds and in the characteristics of stocks held by these funds. We find that holdings of passive funds do not mirror the holdings of active funds. There are systematic differences...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1859 https://ink.library.smu.edu.sg/context/soa_research/article/2886/viewcontent/SSRN_id3256430.pdf |
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| Institution: | Singapore Management University |
| Language: | English |