We examine the performance of passively managed exchange-traded funds (ETFs) that
provide exposure to global emerging markets equities. We find that the tracking errors of …

We analyze the performance persistence of Islamic and Socially Responsible Investment
(SRI) mutual funds. We adopt a multi-stage strategy in which, in the first stage, partial …

This is the first paper systematically calculating, testing and explaining different definitions of
the survivorship bias in fund performance. We document that the survival-performance …

We document persistence in the performance of emerging market equity funds and find
several notable differences compared to US equity funds. First, the contribution of winner …

Purpose–The purpose of this paper is to examine the performance of Chinese mutual funds
during the period of January 2000 to July 2013. Emerging market funds provide investors …

The aim of this study is to analyze whether managers, practitioners and individual investors
could obtain higher risk-adjusted returns by allocating their investments to funds that …

This paper examines the persistence in performance of actively managed equity mutual
funds after controlling for market risk, size, value, momentum, and expenses, and whether …

Genotoxicity tests are essential to identify compounds that have a potential to compromise
not only the environment but also human and animal health, including compounds that …

Purpose The purpose of this paper is to examine the performance of US mutual funds that
invest primarily in emerging market equities and bonds. Design/methodology/approach The …

We investigate the performance of globally diversified emerging market equity funds during
the first decade of the twenty-first century. A vast majority of these funds do not outperform …