Peking University HSBC Business School
portfolio manager compensation, mutual funds, optimal contracting, agency conflicts
Relative Age Effect, Mutual Funds, Fund Performance, Confidence
Mutual funds, portfolio manager ownership, agency issues, risk taking, managerial incentives
mutual funds, fund manager, managerial compensation, incentives, benchmarking, peer benchmarks, closet indexing
Multitasking, Fund Performance, Fund Flows, Agency Problems
Hedge fund activism, Manager skill, Managerial Experience
Portfolio manager compensation, pay-for-performance sensitivity, mutual funds, fund managers, flow-performance relationship
Mutual funds, managerial incentives, fund managers, fund families, flow-performance relationship, compensation, agency problems, portfolio disclosure, business ties
ESG, Mutual fund family, Spillover effect, Fund flows, Affection-based judgement
Media Sentiment, International Asset Allocation, International Mutual Funds, Fund Flows
Mutual fund family, delegated monitoring, dismissal, spillover effect, fund flows
JEL Classification: D84, G11, G23, G41 Keywords: Subjective Expectations, Belief Formation, Extrapolation, Mutual Funds, Asset Allocation