Diane Del Guercio is at the Lundquist College of Business, University of Oregon. Jonathan Reuter is at the Carroll School of Management, Boston College, and is affiliated with the NBER. We are especially grateful to Paula Tkac for helpful discussions and comments. We also thank an anonymous referee, an Associate Editor, John Campbell, Larry Dann, Robin Greenwood, Ro Gutierrez, Campbell Harvey (Editor), Edie Hotchkiss, Greg Kadlec, Abhiroop Mukherjee, Jeff Pontiff, Antoinette Schoar, Phil Strahan, Laurens Swinkels, Hai Tran, Peter Tufano, Eric Zitzewitz, and seminar participants at Harvard University, the 2010 NBER Summer Institute Household Finance Workshop, the 2011 Boston College Center for Asset Management Conference on Financial Markets, and the 2012 HKUST Symposium on Household Finance for helpful comments. Del Guercio would like to acknowledge support from the Finance and Securities Analysis Center at the University of Oregon. We thank Lauren Beaudette and Hai Tran for providing excellent research assistance and Deb Wetherbee at Financial Research Corporation for generously providing data on mutual fund distribution channels.
Mutual Fund Performance and the Incentive to Generate Alpha
Version of Record online: 18 JUL 2014
© 2014 The American Finance Association
The Journal of Finance
Volume 69, Issue 4, pages 1673–1704, August 2014
How to Cite
GUERCIO, D. D. and REUTER, J. (2014), Mutual Fund Performance and the Incentive to Generate Alpha. The Journal of Finance, 69: 1673–1704. doi: 10.1111/jofi.12048
- Issue online: 18 JUL 2014
- Version of Record online: 18 JUL 2014
- Accepted manuscript online: 19 MAR 2013 12:00AM EST
- Manuscript Accepted: 6 MAR 2013
- Manuscript Received: 28 SEP 2011
- Finance and Securities Analysis Center at the University of Oregon
Disclaimer: Supplementary materials have been peer-reviewed but not copyedited.
|jofi12048-sup-0001-Appendix.docx||109K||Appendix S1: Internet Appendix.|
Please note: Wiley Blackwell is not responsible for the content or functionality of any supporting information supplied by the authors. Any queries (other than missing content) should be directed to the corresponding author for the article.