Conditioning Manager Alphas on Economic Information: Another Look at the Persistence of Performance
收藏NBER1996-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5830
下载链接
链接失效反馈官方服务：
资源简介：
This paper evaluates persistence in the performance of institutional equity managers. We build on recent work on conditional performance evaluation, using time-varying conditional expected returns and risk measures. We find evidence that the investment performance of pension fund managers persists
提供机构：
美国国家经济研究局
创建时间：
1996-11-01
