Challenging the conventional wisdom on active management: A review of the past 20 years of academic literature on actively managed mutual funds
KJM Cremers, JA Fulkerson, TB Riley - Financial Analysts Journal, 2019 - Taylor & Francis
Just over 20 years have passed since the publication of Mark Carhart's landmark 1997 study
on mutual funds. Its conclusion—that the data did “not support the existence of skilled or …
on mutual funds. Its conclusion—that the data did “not support the existence of skilled or …
[HTML][HTML] Assessing the performance and risk-adjusted returns of financial mutual funds
DK Malhotra, T Mooney, R Poteau… - International Journal of …, 2023 - mdpi.com
In this study, we provide a comprehensive examination of the performance of financial
(specialty sector financial) mutual funds over a 23-year period, a much longer time frame …
(specialty sector financial) mutual funds over a 23-year period, a much longer time frame …
[HTML][HTML] Assessing Energy Mutual Funds: Performance, Risks, and Managerial Skills
D Malhotra, S Nippani - International Journal of Financial Studies, 2024 - mdpi.com
This study investigates the risk-adjusted performance of energy equity mutual funds across a
23-year period, employing the Cumulative Wealth Index (CWI) to gauge their long-term …
23-year period, employing the Cumulative Wealth Index (CWI) to gauge their long-term …
Can Allocation Strategies Create Superior Alpha?
DK Malhotra, E Hadad - The Journal of Investing, 2024 - pm-research.com
This study evaluated the performance of four types of allocation funds (aggressive, cautious,
flexible, and moderate) and compared them to that of US stocks. The findings indicate that …
flexible, and moderate) and compared them to that of US stocks. The findings indicate that …