Trendy Mutual Fund Performance
September 8, 2016 - Investing Expertise, Mutual/Hedge Funds
Should mutual fund investors go with trendy new funds? In their August 2016 paper entitled “What’s Trending? The Performance and Motivations for Mutual Fund Startups”, Jason Greene and Jeffrey Stark examine the interactions of mutual fund trendiness with growth in assets under management, fees and performance. They quantify fund trendiness by each month: Relating each key word… Keep Reading