Market conditions and the effect of diversification on mutual fund performance: should funds be more concentrative under crisis?
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More about this item
KeywordsDiversification; Market conditions; Mutual funds; Non-monotonic effect; Stochastic frontier; Crisis; C30; G11;
- C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
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