Open AccessMutual Fund Management and Fund Performance
Author(s) -
Barbara S. Poole,
Candy A. Bianco,
Craig N. Giroux
Publication year - 2011
Publication title -
journal of business and economics research
Language(s) - English
Resource type - Journals
eISSN - 2157-8893
pISSN - 1542-4448
DOI - 10.19030/jber.v4i1.2621
Subject(s) - mutual fund , business , fund administration , manager of managers fund , accounting , graduate students , finance , management , economics , fund of funds , psychology , pedagogy , market liquidity
This study examines management characteristics, including education and experience, as determinants of mutual fund performance. Managers with graduate degrees did not perform differently from managers without graduate degrees. However, graduates of top 20 MBA programs outperformed MBAs from business schools not on the top 50 Wall Street Journal list. Manager’s tenure was positively related to performance.