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Published in 2017 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2017.01.018
Abstract: This paper examines the relationship between the increase in fund risk and subsequent cash flows. We attempt to test the hypothesis that an increase in fund risk actually increases the net flows of equity funds,…
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Keywords:
risk;
fund managers;
net flows;
managers increase ... See more keywords