Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "10476"
#_source: array:26 [
"id" => "10476"
"slug" => "the-flow-performance-relationship-around-the-world"
"yearMonth" => "2012-01"
"year" => "2012"
"title" => "The flow-performance relationship around the world"
"description" => "RAMOS, S., FERREIRA, M., KESWANI, A. et MIGUEL, A. (2012). The flow-performance relationship around the world. <i>Journal of Banking & Finance</i>, 36(6), pp. 1759-1780.
RAMOS, S., FERREIRA, M., KESWANI, A. et MIGUEL, A. (2012). The flow-performance relationship around
"
"authors" => array:4 [
0 => array:3 [
"name" => "RAMOS Sofia"
"bid" => "B00683001"
"slug" => "ramos-sofia"
]
1 => array:1 [
"name" => "FERREIRA Miguel"
]
2 => array:1 [
"name" => "KESWANI Aneel"
]
3 => array:1 [
"name" => "MIGUEL António"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "mutual funds"
1 => "Flow-performance relationship"
2 => "Mutual fund flows"
3 => "Convexity"
]
"updatedAt" => "2021-07-13 14:31:36"
"publicationUrl" => "https://doi.org/10.1016/j.jbankfin.2012.01.019"
"publicationInfo" => array:3 [
"pages" => "1759-1780"
"volume" => "36"
"number" => "6"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => """
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries.\n
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries.\
We show that there are marked differences in the flow-performance relationship across countries, suggesting\n
We show that there are marked differences in the flow-performance relationship across countries, sug
that US findings concerning its shape do not apply universally. We find that mutual fund investors\n
sell losers more and buy winners less in more developed countries. This is because investors in more\n
sell losers more and buy winners less in more developed countries. This is because investors in more
developed countries are more sophisticated and face lower costs of participating in the mutual fund\n
developed countries are more sophisticated and face lower costs of participating in the mutual fund\
industry. Higher country-level convexity is positively associated with higher levels of risk taking by fund\n
industry. Higher country-level convexity is positively associated with higher levels of risk taking
managers.
"""
"en" => """
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries.\n
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries.\
We show that there are marked differences in the flow-performance relationship across countries, suggesting\n
We show that there are marked differences in the flow-performance relationship across countries, sug
that US findings concerning its shape do not apply universally. We find that mutual fund investors\n
sell losers more and buy winners less in more developed countries. This is because investors in more\n
sell losers more and buy winners less in more developed countries. This is because investors in more
developed countries are more sophisticated and face lower costs of participating in the mutual fund\n
developed countries are more sophisticated and face lower costs of participating in the mutual fund\
industry. Higher country-level convexity is positively associated with higher levels of risk taking by fund\n
industry. Higher country-level convexity is positively associated with higher levels of risk taking
managers.
"""
]
"authors_fields" => array:2 [
"fr" => "Finance"
"en" => "Finance"
]
"indexedAt" => "2025-02-23T07:21:40.000Z"
"docTitle" => "The flow-performance relationship around the world"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/ramos-sofia">RAMOS Sofia</a>, FERREIRA Miguel, KESWANI Aneel, MIGUEL António"
"docDescription" => "<span class="document-property-authors">RAMOS Sofia, FERREIRA Miguel, KESWANI Aneel, MIGUEL António</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2012</span>
<span class="document-property-authors">RAMOS Sofia, FERREIRA Miguel, KESWANI Aneel, MIGUEL António<
"
"keywordList" => "<a href="#">mutual funds</a>, <a href="#">Flow-performance relationship</a>, <a href="#">Mutual fund flows</a>, <a href="#">Convexity</a>
<a href="#">mutual funds</a>, <a href="#">Flow-performance relationship</a>, <a href="#">Mutual fund
"
"docPreview" => "<b>The flow-performance relationship around the world</b><br><span>2012-01 | Articles </span>"
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1016/j.jbankfin.2012.01.019" target="_blank">The flow-performance relationship around the world</a>
<a href="https://doi.org/10.1016/j.jbankfin.2012.01.019" target="_blank">The flow-performance relati
"
]
+lang: "fr"
+"_type": "_doc"
+"_score": 8.795128
+"parent": null
}