Investor flows and the assessed performance of open-end mutual funds

On Persistence in Mutual Fund Performance

1997 • 16,085 citations

Risk, Return, and Equilibrium: Empirical Tests

1973 • 14,580 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945-1964

1968 • 4,463 citations

On the impossibility of informationally efficient markets

1980 • 3,972 citations

Costly Search and Mutual Fund Flows

1998 • 3,255 citations

Risk Taking by Mutual Funds as a Response to Incentives

1997 • 2,276 citations

Another Puzzle: The Growth in Actively Managed Mutual Funds

1996 • 2,132 citations

Measuring Fund Strategy and Performance in Changing Economic Conditions

1996 • 1,677 citations

Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 1,493 citations

Mutual Fund Performance: An Analysis of Quarterly Portfolio Holdings

1989 • 1,430 citations

ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION

1976 • 1,388 citations

Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior

1995 • 1,361 citations

On Market Timing and Investment Performance Part II: Statistical Procedures for Evaluating Forecasting Skills

2015 • 1,341 citations

Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry

1996 • 1,310 citations

On Market Timing and Investment Performance. II. Statistical Procedures for Evaluating Forecasting Skills

1981 • 1,280 citations

On the aggregation of information in competitive markets

1980 • 1,192 citations

The Performance of Hedge Funds: Risk, Return, and Incentives

1999 • 1,170 citations

Survivorship Bias in Performance Studies

1992 • 1,161 citations

Hot Hands in Mutual Funds: Short‐Run Persistence of Relative Performance, 1974–1988

1993 • 1,152 citations

Information aggregation in a noisy rational expectations economy

1981 • 1,135 citations

Consumer Reaction to Measures of Poor Quality: Evidence from the Mutual Fund Industry

1992 • 1,130 citations

The Persistence of Mutual Fund Performance

1992 • 983 citations

Efficiency with Costly Information: A Reinterpretation of Evidence from Managed Portfolios

1993 • 911 citations

Performance Measurement without Benchmarks: An Examination of Mutual Fund Returns

1993 • 858 citations

The Persistence of Risk-Adjusted Mutual Fund Performance

1996 • 830 citations

Aggregate mutual fund flows and security returns

1995 • 770 citations

Price and return models

1995 • 725 citations

Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 698 citations

Performance Persistence

1995 • 675 citations

Market Timing and Mutual Fund Performance: An Empirical Investigation

1984 • 669 citations

Portfolio Performance Evaluation: Old Issues and New Insights

1989 • 622 citations

Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons

1987 • 612 citations

Information Acquisition in a Noisy Rational Expectations Economy

1982 • 601 citations

Risk, Return, and Equilibrium

1971 • 576 citations

A Study of Monthly Mutual Fund Returns and Performance Evaluation Techniques

1994 • 500 citations

Market Timing and Mutual Fund Investment Performance

1984 • 458 citations

Assessing the Market Training Performance of Managed Portfolios

1986 • 384 citations

The structure of mutual fund charges

1996 • 373 citations

Private benefits from block ownership and discounts on closed-end funds

1993 • 281 citations

Direct and Indirect Sale of Information

1990 • 260 citations

The Market-Timing Performance of Mutual Fund Managers

1983 • 236 citations

Evaluating Fund Performance in a Dynamic Market

1996 • 227 citations

The Investment Performance of Mutual Funds: An Empirical Investigation of Timing, Selectivity, and Market Efficiency

1979 • 173 citations

Robust Measurement of Beta Risk

1992 • 152 citations

Portfolio strategies and performance

1977 • 114 citations

Is Fund Growth Related to Fund Performance?

1978 • 77 citations

Irwin Friend,Marshall Blume & Jean Crockett;Mutual Funds and Other Institutional Investors:A New Perspective,A Twentieth Century Fund Study,1970

1974 • 37 citations

Private Benefits form Block Ownership and Discounts on Closed-end Funds

1991 • 19 citations

Deleted Work

1955 • 0 citations