search query: @author Deli, D.N. / total: 2
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Author: | Deli, D.N. Varma, R. |
Title: | Contracting in the investment management industry: evidence from mutual funds |
Journal: | Journal of Financial Economics
2002 : JAN, VOL. 63:1, p. 79-98 |
Index terms: | CONTRACTS DERIVATIVE SECURITIES UNIT TRUSTS |
Language: | eng |
Abstract: | The authors investigate the option to invest in derivative securities using a large sample of mutual funds. They find that those funds with the greatest transaction-cost benefit tend to permit investment in derivatives, and that funds tend to permit investment only in those derivatives that offer transaction-cost benefits. |
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