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Can Fund Managers Select Outperforming REITs? Examining Fund Holdings and Trades
16 references·5 citing·35 second hop
Can Fund Managers Select Outperforming REITs? Examining Fund Holdings and Trades (2011)Can Fund Managers Select Outperforming RE…Real Estate Mutual Funds: Performance and Persistence (2004)Real Estate Mutual Funds: Per…Copycat Funds: Information Disclosure Regulation and the Returns to Active Management in the Mutual Fund Industry (2004)Copycat Funds: Information Di…The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers (2000)The Value of Active Mutual Fu…The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers (2000)The Value of Active Mutual Fu…The Value Added from Investment Managers: An Examination of Funds of REITs (2000)The Value Added from Investme…REIT Economies of Scale: Fact or Fiction? (2000)REIT Economies of Scale: Fact…Asset Allocation and the Performance of Real Estate Mutual Funds (2000)Asset Allocation and the Perf…Mutual Fund Herding and the Impact on Stock Prices (1999)Mutual Fund Herding and the I…Focus, Transparency and Value: The REIT Evidence (1999)Focus, Transparency and Value…Managerial Style and Firm Value (1998)Managerial Style and Firm Val…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Measuring Mutual Fund Perform…Systematic Risk and Diversification in the Equity REIT Market (1996)Systematic Risk and Diversifi…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…How Gender Diversity Shapes Cities: Evidence from Risk Management Decisions in REITs (2023)How Gender Diversity Shapes C…Industry Concentration and U.S. REIT Returns (2019)Industry Concentration and U.…The Sources of Risk Spillovers among U.S. REITs: Financial Characteristics and Regional Proximity (2014)The Sources of Risk Spillover…Performance Chasing, Fund Flows and Fund Size in Real Estate Mutual Funds (2013)Performance Chasing, Fund Flo…Dividends, Values and Agency Costs in REITs (2011)Dividends, Values and Agency …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Diversification's effect on firm value (1995)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Diversification Discount: Cash Flows Versus Returns (2001)Public Versus Private Real Estate Equities: A More Refined, Long-Term Comparison (2005)Determinants of Corporate Diversification: Evidence From the Property–Liability Insurance Industry (2011)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Who underreacts to cash-flow news? evidence from trading between individuals and institutions (2002)Is Money Really 'Smart'? New Evidence on the Relation between Mutual Fund Flows, Manager Behavior, and Performance Persistence (2003)The Dynamics of Institutional and Individual Trading (2003)Discretionary disclosure (1983)Another Puzzle: The Growth in Actively Managed Mutual Funds (1996)Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses (2000)The effect of holdings data frequency on conclusions about mutual fund behavior (2009)Why Do Hedge Funds Avoid Disclosure? Evidence from Confidential 13F Filings (2013)Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual Fund Performance (2015)Herd Behavior and Investment (1988)Institutional Investors and Equity Prices (2001)Asset Fire Sales (and Purchases) in Equity Markets (2005)How Active Is Your Fund Manager? A New Measure That Predicts Performance (2009)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)UK mutual fund performance: Skill or luck? (2007)Institutional investors and the limits of arbitrage (2011)Does corporate social responsibility affect mutual fund performance and flows? (2016)Multifactor Explanations of Asset Pricing Anomalies (1996)Capital markets research in accounting (2001)The Cross‐Section of Volatility and Expected Returns (2006)In Search of Attention (2011)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1997Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks2,844 cited
  • 1999Mutual Fund Herding and the Impact on Stock Prices1,730 cited
  • 2000The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers731 cited
  • 2000The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers269 cited
  • 1999Focus, Transparency and Value: The REIT Evidence176 cited
  • 2004Copycat Funds: Information Disclosure Regulation and the Returns to Active Management in the Mutual Fund Industry167 cited
  • 1996Systematic Risk and Diversification in the Equity REIT Market150 cited
  • 2000The Value Added from Investment Managers: An Examination of Funds of REITs114 cited
  • 2000REIT Economies of Scale: Fact or Fiction?95 cited
  • 2004Real Estate Mutual Funds: Performance and Persistence82 cited
  • 1998Managerial Style and Firm Value

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65 cited
  • 2000Asset Allocation and the Performance of Real Estate Mutual Funds64 cited
  • Cited by

    • 2014The Sources of Risk Spillovers among U.S. REITs: Financial Characteristics and Regional Proximity36 cited
    • 2019Industry Concentration and U.S. REIT Returns29 cited
    • 2013Performance Chasing, Fund Flows and Fund Size in Real Estate Mutual Funds26 cited
    • 2011Dividends, Values and Agency Costs in REITs17 cited
    • 2023How Gender Diversity Shapes Cities: Evidence from Risk Management Decisions in REITs12 cited