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Are active mutual fund managers skilled in picking stock concepts?

We provide a novel assessment of active mutual fund managers’ investment skills by analyzing the stock concepts they trade—a unique aspect of the Chinese stock market where stocks are grouped by themes or trends. We find that managers purchase stock concepts that subsequently outperform those they s...

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書誌詳細
主要な著者: Jinlin Fu, Xiaomeng Lu, Yuxin Xie, Binxu Wang
フォーマット: Artigo
言語:Inglês
出版事項: Elsevier 2025-10-01
シリーズ:International Review of Economics & Finance
主題:
オンライン・アクセス:http://www.sciencedirect.com/science/article/pii/S1059056025006379
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