Patient Capital Outperformance: The Investment Skill of High Active Share Managers Who Trade Infrequently

By Martijn Cremers, Ankur Pareek. 2016

148 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6c6f9462c16b5581b42d37e624b48fcafaef674f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. D. Schoenmaker

In Finance

1. D. Schoenmaker
2. L. Quaglia
3. D. Howarth
4. M. Obstfeld

In Strategy and Management

1. D. Schoenmaker

Citations in the corpus

• Investing for long-term value creation (2019, background): “Cremers and Pareek (2016) show that investing away from the benchmark (with high active share, as they call it) combined with a patient investment strategy (with holding duration of over two years) generates on average an outperformance of over 2% per year.”