Do Active Managers of Retail Mutual Funds Have an Incentive to Closet Index in Down Markets? Fund Performance and Subsequent Annual Fund Flows, 1997-2011
Document Type
Article
Publication Date
2013
Recommended Citation
Gottesman, A., Morey, M. R., & Rosenberg, M. (2013). Do active managers of retail mutual funds have an incentive to closet index in down markets? Fund performance and subsequent annual fund flows, 1997-2011. The Journal of Investment Consulting, 14(2), 47-58.
Publisher's Statement
The original material can be found here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2371371##
