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Author:Sawicki, J.
Finn, F.
Title:Smart money and small funds
Journal:Journal of Business Finance and Accounting
2002 : JUN-JUL, VOL. 29:5-6, p. 825-846
Index terms:Funds
Investment analysis
Performance appraisal
Language:eng
Abstract:The authors study the relationship between recent performance and the movement of managed funds' assets by investigating the effects of fund size and age. The results confirm a size effect, as well as an age effect. Tests distinguishing between the two favor a size rather than an age interpretation.
SCIMA record nr: 239050
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