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And the Next Star Fund Manager Is鈥�
Finding a mutual-fund manager who can beat the market is tough. Winners flame out. Losers revive. The resurgent losers flame out again.
No wonder low-cost index-based exchange-traded funds and mutual funds鈥攚hich seek only to mimic the return of a designated slice of the market鈥攈ave eclipsed actively managed funds as the investment of choice for many people.
Published: 21 Jan 2014
"Incentives, Capital Budgeting, and Organizational Structure," Journal of Economics and Management Strategy
Authors: De Motta,聽Adolfo; Ortega, Jaime A.
Publication: Journal of Economics and Management Strategy, December 2013
Abstract:
Published: 8 Nov 2013
