The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds vs. Pension Funds
Abstract
Diane Del Guercio, Paula A. Tkac, The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds vs. Pension Funds, The Journal of Financial and Quantitative Analysis, Vol. 37, No. 4 (Dec., 2002), pp. 523-557
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Retail investors predominantly react to simple signals such as past return measures in their investment decisions.
“Retail investors predominantly react to simple signals such as past return measures in their investment decisions (see, e.g., Del Guercio & Tkac, 2002;Evans & Fahlenbrach, 2012;Salganik-Shoshan, 2016).”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Del Guercio & Tkac, 2002
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References 35 · Cited by 796
- Authors
- Guercio, D. D., & Tkac, P. A.
- Affiliations
- University of Oregon (US)
- Federal Reserve Bank of Atlanta (US)
- Venue
- The Journal of Financial and Quantitative Analysis
- Publisher
- JSTOR
- Published
- 2002-12
- Volume
- 37
- Issue
- 4
- Pages
- 523
- ISSN
- 0022-1090 (ISSN-L)
- OpenAlex
- W3125260321
- Cited by
- 796
- References
- 35
- Citations by year
- 2026: 16 · 2025: 21 · 2024: 20 · 2023: 31 · 2022: 45 · 2021: 48 · 2020: 33 · 2019: 34 · 2018: 27 · 2017: 41 · 2016: 39 · 2015: 36 · 2014: 38 · 2013: 37 · 2012: 53
- FWCI
- 25.71
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Financial and Quantitative Analysis (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Social Sciences › Business, Management and Accounting › Accounting › Corporate Finance and Governance
- Social Sciences › Business, Management and Accounting › Accounting › Financial Analysis and Corporate Governance
- Keywords
- fund flows, mutual funds, pension funds, managed portfolios, fund inflows and outflows, portfolio management, institutional investors
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