BACKGROUND Principal Recipients (PRs) receive money from the Global Fund to fight AIDS, Tuberculosis and Malaria (Global Fund) to manage and implement programs. However, little research has gone into understanding their opinions and experiences. This survey set out to describe these, thereby providing a baseline against which changes in PR opinions and experiences can be assessed as the recentl...

1. This study has found that psychosocial and physical factors have an impact on the level of post-stroke handicap, thereby providing direction for secondary health promotion by health professionals in both hospital and community settings. 2. It is essential to offer psychological support, implement measures to improve selfesteem, and maximise social support, especially for those without a part...

Despite pension fund managers being largely unconstrained in their investment decisions, this paper reports evidence of clustering in the performance of a large cross-section of UK pension fund managers around the median fund manager. This finding is explained in terms of the predominance of a single investment style (balanced management), the fee structures and incentives operating in the UK p...

We estimate investment style dispersions for individual actively managed equity mutual funds, which describe how widely fund investments are distributed around the core fund style along the dimensions of size, book-to-market, and momentum, respectively. We find that high style dispersions, especially that along the size dimension, are associated with superior fund performance, consistent with h...

In this paper we test the idea that hedge funds‟ capacity constraints may play a significant role on the decision of fund families to open a new hedge fund. Our empirical analysis shows that fund families‟ propensity to open new funds increases with degree of capacity constraint faced by existing funds of the families. We argue that hedge fund families face diseconomies of scale because of the ...

This paper describes the growing number of local funds or local institutions through which international agencies or national governments channel resources to support community initiatives. It discusses the advantages that these can have over more conventional projects in reducing urban poverty (including their flexibility, fast response time, demand-driven nature and local accountability). It ...

We test the hypothesis that capacity constraints significantly influence hedge fund families’ decision to open new funds. Hedge fund families face diseconomies of scale because of the non-scalability of their investment strategies. We propose that as the existing funds approach critical size, hedge fund families may prefer opening new funds rather than accepting new investment in the existing f...

This research studies the performance appraisal system of mutual fund managers in Taiwan. 147 mutual fund managers were investigated in examining the performance appraisal system of mutual fund managers. This article describes using a Genetic Algorithm to evaluate the optimal performance in appraising mutual fund managers in the asymmetric information market in Taiwan. The optimum performance u...

1. A case management approach is an effective and cost-saving means of discharging chronic psychiatric patients to the community. 2. The discharged patients were well-maintained in terms of their mental state, quality of life, and willingness to stay in the community. 3. There was no increase in readmission rates in the treatment groups, and the increased discharge rate did not generate untowar...

This paper examines the impact of hedge fund redemption restrictions such as lockup period, notice period, and redemption period on fund flow, risk, and performance. We first examine the effects of redemption restrictions conditional on past poor performance. We then examine the differential impact of redemption restrictions under different market conditions. We find that during normal periods,...