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- W2095623612 abstract "This study provides evidence that merit—specifically, performance relative to peers measured on a style-adjusted basis—plays a significant role in the length of a mutual fund manager’s career. Managers who underperform their peers are more likely to lose their jobs. However, surviving managers of any tenure—even those who manage their funds for 10 or more years—generally do not outperform the market or their style benchmarks and do not display consistently superior performance." @default.
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- W2095623612 date "2014-07-01" @default.
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- W2095623612 title "The Career Paths of Mutual Fund Managers: The Role of Merit" @default.
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- W2095623612 doi "https://doi.org/10.2469/faj.v70.n4.3" @default.
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