Ownership and Diversification, An Empirical Study Based on Mutual Fund Enterprise

被引:0
|
作者
Lin Yuan [1 ]
Liu Zhi-xin [1 ]
机构
[1] Beihang Univ, Sch Econ & Management, Beijing, Peoples R China
关键词
mutual fund; diversification; ownership; PERFORMANCE; FLOWS;
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Although asset growth has little effect on the behavior of the typical fund, funds should alter investment behavior as assets under management increase. We find that large funds diversify their portfolios in response to growth. Greater diversification, especially for large funds, is associated with better performance.
引用
收藏
页数:4
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