TY  - BOOK
AU  - Lückoff,Peter
ED  - SpringerLink (Online service)
TI  - Mutual Fund Performance and Performance Persistence: The Impact of Fund Flows and Manager Changes 
SN  - 9783834965271
AV  - HG1-9999 
U1  - 657.8333 23
PY  - 2011///
CY  - Wiesbaden
PB  - Gabler
KW  - Economics
KW  - Banks and banking
KW  - Economics/Management Science
KW  - Finance /Banking
N2  - Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lückoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously underperforming funds back to average levels. These results have important implications for investors, investment management companies and even regulators
UR  - http://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-8349-6527-1
ER  -