Competition Among Mutual Funds

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How researchers see this paper

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

What Drives Market Share in the Mutual Fund Industry (2012, background): “Recent evidence by Wahal and Wang (2011) is consistent with this view.”
Indexing and Active Fund Management: International Evidence (2016, unknown): “This alternative measure is inspired by the overlap measure of Wahal and Wang (2011).”
The Road Less Traveled: Strategy Distinctiveness and Hedge Fund Performance (2012, background): “The “crowded-trade” effect occurs when an arbitrageur faces 4 See for example, Chen, Hong, Huang, and Kubik (2004); Pollet and Wilson (2008); and Wahal and Wang (2011).”