Relationship between mutual funds and hedge funds performance in different periods

The hedge fund literature has already shown that hedge funds and mutual funds follow a different strategy. One result of the literature was that mutual funds herd into or out of stocks following the herd of hedge funds one quarter later. The aim of this paper is to find out whether herding behavior...

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Bibliographic Details

Published in:	Finance, Markets and Valuation
Main Authors:	Lechner, Gerhard, Fauster, Benjamin
Format:	Article
Language:	English
Published:	Asociación para la Formación y la Investigación en Ciencias Económicas y Sociales 2018-01-01
Subjects:	equity hedge hedge fund performance mutual fund performance equity indices herd behavior
Online Access:	https://journalfmv.com/en/archive/2018/1/ad79e758d2.html