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The Japanese Open-End Fund Puzzle

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NBER1998-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6347
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Recent empirical evidence has suggested that the Japanese mutual fund industry has" underperformed dramatically over the past two decades. Conjectured reasons for" underperformance range from tax-dilution effects to high fees, high turnover and poor asset" management. In this paper, we show that
创建时间:
1998-01-01
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