Fund tournaments and asset bubbles

DOI10.1093/ROF/RFV044MaRDI QIDQ4555587zbMATH OpenOpenAlexFDO

Authors Yuki Sato

Publication date 20 November 2018

Published in Review of Finance (Search for Journal in Brave)

Full work available at URL https://serval.unil.ch/notice/serval:BIB_4710529E1D6D

zbMATH Keywords

tournamentsbubble periodsfund managers' performance

Mathematics Subject Classification ID

Portfolio theory (91G10)

Recommendations

• Fund managers' competition for investment flows based on relative performance
• Performance-based fee contract and risk-taking strategy in asset management tournament
• Termination Risk, Multiple Managers and Mutual Fund Tournaments
• How tournament incentives affect asset markets: a comparison between winner-take-all tournaments and elimination contests
• Tournament-induced risk-shifting: a mean field games approach

Cited in

(5)

• Testing for persistence in US mutual funds' performance: a Bayesian dynamic panel model
• The impact of a winner takes all tournament on managers' strategies and asset mispricing
• Performance-based fee contract and risk-taking strategy in asset management tournament
• Fund managers' competition for investment flows based on relative performance
• How tournament incentives affect asset markets: a comparison between winner-take-all tournaments and elimination contests

This page was built for publication: Fund tournaments and asset bubbles

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4555587)