Network centrality and delegated investment performance
نویسندگان
چکیده
منابع مشابه
Network Centrality and Delegated Investment Performance † Alberto
We document a positive relation between network centrality and risk-adjusted performance in a delegated investment management setting. More connected managers take more portfolio risk and receive higher investor flows, consistent with these managers improving their ability to exploit investment opportunities through their network connections. Greater network connections are shown to be particul...
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ژورنال
عنوان ژورنال: Journal of Financial Economics
سال: 2018
ISSN: 0304-405X
DOI: 10.1016/j.jfineco.2018.02.003