Optimal Decentralized Investment Management

By Jules H. van Binsbergen, Michael W. Brandt, Ralph S. J. Koijen. 2008

151 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/1a5c2f3e4a1397640d1397a1e866ab5ff60b3a05

Citations in the corpus

• The Cross-Section of Stock Returns in Frontier Emerging Markets (2012, unknown): “If the conjecture of Blitz, Pang, and Van Vliet (2012) is correct, we also expect a small low-risk effect in our sample.”
• Network centrality and pension fund performance (2015, unknown): “…create the possibility of network e↵ects as fund sponsors will want to coordinate the investment decisions across di↵erent managers so as to minimize the ine ciency loss associated with decentralized decision making (e.g., Sharpe (1981), van Binsbergen et al. (2008), and Blake et al. (2013)).”