Mutual Fund Attributes and Investor Behavior

By Nicolas P. B. Bollen. Journal of Financial and Quantitative Analysis, 2007

671 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/3d38fba149f6a7eec0482f2f06059f56a74a79a5

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Citations in the corpus

Islamic mutual funds’ financial performance and international investment style: evidence from 20 countries (2011, positive): “4 We follow Bollen (2007) and Renneboog et al. (2008) by defining an equity mutual funds as investing at least 75% in stocks.”
Corporate Social Responsibility and Sustainable Finance (2020, positive): “Renneboog, Ter Horst and Zhang (2011) and Bollen (2007) respectively show for a global and for a US sample that even in case of disappointing returns, the investors in SRI funds do not withdraw their investments. The authors conclude that in addition to the financial returns, SRI investors also rece”
Heterogeneity and Persistence in Returns to Wealth (2018, positive): “For example, stock-market investors may favor “socially responsible investments” - providing a “consumption” return besides the pecuniary return (Bollen, 2007).”
A Bibliometric and Visualization Analysis of Socially Responsible Funds (2019, background): “More specifically, many of them focused on whether the performance of SRI funds was worse than that of conventional funds [35,43,72,73], whereas others analyzed the effect of size, cash flows [55] or fund fees [43,57].”
Socially Responsible Funds and Market Crises (2014, background): “Bollen (2007) resolves this puzzle by suggesting that investors have a multi-attribute utility function that doesn’t just include risk-reward optimization, but also incorporates personal and social values.”
A tale of values-driven and profit-seeking social investors (2011, background): “Bollen (2007) studies flows to and outflows from SRI and conventional mutual funds to find out whether investor behavior can be explained by a multiattribute utility function, in which utility derived by conforming to personal or societal values can be separated from utility derived from the expecte”
The Price of Wine (2015, neutral): “…investments (Moskowitz and Vissing-Jørgensen, 2002), prestigious hedge funds (Statman, Fisher, and Anginer, 2008), socially responsible mutual funds (Bollen, 2007; Renneboog, Ter Horst, and Zhang, 2011), social, environmental, and ethical portfolios (Dimson, Karakaş, and Li, 2014), and art (Stein,…”
Do Social Factors Influence Investment Behavior and Performance? Evidence from Mutual Fund Holdings (2015, background): “Bollen (2007) reports that explicitly socially responsible mutual funds (SRI funds) experience a smaller money outflow after negative financial returns in comparison to conventional funds that report a negative return, consistent with fund clientele having social preferences.”
Sustainable investing in equilibrium (2019, neutral): “Flows to SRI mutual funds are less volatile than flows to non-SRI funds (Bollen, 2007) and less responsive to negative past performance (Renneboog, ter Horst, and Zhang, 2011).”