This book contains the recent contributions of Edwin J Elton and Martin J Gruber to the field of investments. All of the articles in this book have been published in the leading finance and economic journals. Sixteen of the nineteen articles have been published in the last ten years. This book supplements the earlier contributions of the editors published by MIT Press in 1999.For each year we randomly selected for each fund with incentive fees four funds in the same ICDI category from the ... Common stock funds earn slightly negative incentive fees that are significantly different from zero at the 10 percent level.
|Title||:||Investments and Portfolio Performance|
|Author||:||Edwin J. Elton, Martin Jay Gruber|
|Publisher||:||World Scientific - 2011|