An Analysis of the US Mutual Funds Sector: What Determines Performance?
This paper analyzes the performance of equity mutual funds in the US, using monthly data for a sample of 4,431 equity mutual funds over the period 1999–2012. Our empirical findings suggest that larger funds with higher liquidity and turnover generate higher returns, while expenses and management fe...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Lahore School of Economics
2016-10-01
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| Series: | The Lahore Journal of Business |
| Subjects: | |
| Online Access: | https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/45 |
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