Roger Rueegg
YOU?
Author Swipe
View article: How Rational and Competitive Is the Market for Mutual Funds?
How Rational and Competitive Is the Market for Mutual Funds? Open
To explore the rationality and competitiveness of the mutual fund industry, we analyze the alpha of active and index mutual funds from a global sample of more than 60,000 equity and fixed income funds and test the null hypothesis that alph…