search query: @indexterm Portfolio management / total: 694
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Author: | Guerico, D. del Tkac, P.A. |
Title: | The determinants of the flowof funds of managed portfolios: mutual funds vs. pension funds |
Journal: | Journal of Financial and Quantitative Analysis
2002 : DEC, VOL. 37:4, p. 523-557 |
Index terms: | Flow of funds analysis Pension funds Portfolio management Unit trusts |
Language: | eng |
Abstract: | This study compares the relations between asset flow and performance in the retail mutual fund and fiduciary pension fund segments of the money management industry, and relates empirical differences to fundamental differences in the clientele they serve. A striking difference is the shape of the flow-performance relation. |
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