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Notice of Retraction: Reputation stretching in Chinese mutual fund families

  • Beihang University

科研成果: 书/报告/会议事项章节章节同行评审

摘要

Reputation stretching is a marketing strategy for promoting new fund sales. We examine the role of this strategy in Chinese mutual fund families and find the similar result as Chen and Lai (2010). We find Reputation stretching increases net fund flows to fund families, and past performance of prestigious managers can persist in new funds. Meanwhile, performance of new funds run by managers with track records is better than those run by managers without track records. In all, reputation stretching strategy benefits both fund families and investors.

源语言英语
主期刊名2010 2nd International Conference on Industrial and Information Systems, IIS 2010
出版商IEEE Computer Society
421-424
页数4
ISBN(印刷版)9781424482177
DOI
出版状态已出版 - 2010

出版系列

姓名2010 2nd International Conference on Industrial and Information Systems, IIS 2010
1

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