Does Prior Performance Affect a Mutual Fund’s Choice of Risk? Theory and Further Empirical Evidence
By Huifen. Chen, George G. Pennacchi. Journal of Financial and Quantitative Analysis, 2009
151 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/0b994b492353555e0ff666b359cc9ca203fc2637
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Anna Pavlova
- Suleyman Basak
- Hongjun Yan
- Alexander David
- Zhiguo He
- Péter Kondor
- Mikhail Chernov
- Philippe Mueller
In Finance
- Anna Pavlova
- Suleyman Basak
- Hongjun Yan
- Alexander David
- Zhiguo He
- Péter Kondor
- Mikhail Chernov
- Philippe Mueller
Citations in the corpus
- Asset Prices and Institutional Investors (2013, background): “For example, Carpenter (2000), Basak, Pavlova, and Shapiro (2007, 2008), Hodder and Jackwerth (2007), and Chen and Pennacchi (2009) show that future fund flows induce a manager to tilt her portfolio towards stocks that belong to her benchmark. These papers demonstrate that there is a range over whic”
- Optimal Asset Allocation and Risk Shifting in Money Management (2007, unknown): “concave. Chen and Pennacchi (2005) , like us, argue that relative-performance based compensation”