Flow-Performance Relationship and Star Effect: New Evidence from Chinese Mutual Funds

Author:

Jun Xiao1,Li Mingsheng2,Yan Wu3,Zhang Rui4

Affiliation:

1. a International Institute for Financial Studies (IIFS) and Research Centre of Financial Management and Risk Prevention (RCFMRP), Jiangxi University of Finance and Economics, Nanchang, China

2. b Bowling Green State University, Bowling Green, Ohio

3. c IIFS and RCFMRP, Jiangxi University of Finance and Economics, Nanchang, China

4. d School of Accounting, Jiangxi University of Finance and Economics, Nanchang, China

Publisher

Informa UK Limited

Subject

General Economics, Econometrics and Finance,Finance

Reference41 articles.

1. Do After-Tax Returns Affect Mutual Fund Inflows?;D. Bergstresser;Journal of Financial Economics,2002

2. Mutual Fund Flows and Performance in Rational Markets;J. Berk;Journal of Political Economy,2004

3. Morningstar Ratings and Mutual Fund Performance;C. Blake;Journal of Financial and Quantitative Analysis,2000

4. On Persistence in Mutual Fund Performance;M. Carhart;Journal of Finance,1997

5. Taiwanese Mutual Fund Performance Under Different Central Bank of China Monetary Policy Environments;M. Chen;Emerging Markets Finance & Trade,2008

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