Lu Zheng

University of California, Irvine - Paul Merage School of Business

Irvine, CA California 92697-3125

United States

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 948

SSRN RANKINGS

Top 948

in Total Papers Downloads

21,589

CITATIONS
Rank 645

SSRN RANKINGS

Top 645

in Total Papers Citations

771

Scholarly Papers (26)

1.
Downloads 3,822 ( 1,722)
Citation 112

Unobserved Actions of Mutual Funds

Review of Financial Studies, Forthcoming, Sixteenth Annual Utah Winter Finance Conference, EFA 2005 Moscow Meetings Paper, Sauder School of Business Working Paper
Number of pages: 58 Posted: 28 Feb 2005
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 3,768 (1,734)
Citation 112

Abstract:

Mutual Funds, Performance Evaluation, Trading Strategies

Unobserved Actions of Mutual Funds

NBER Working Paper No. w11766
Number of pages: 49 Posted: 08 Feb 2006
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 54 (315,696)
Citation 112

Abstract:

Unobserved Actions of Mutual Funds

The Review of Financial Studies, Vol. 21, Issue 6, pp. 2379-2416, 2008
Posted: 15 Dec 2008
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business

Abstract:

G11, G23

2.

Are Investors Moonstruck? - Lunar Phases and Stock Returns

Number of pages: 44 Posted: 18 Sep 2001
Lu Zheng, Kathy Yuan and Qiaoqiao Zhu
University of California, Irvine - Paul Merage School of Business, London School of Economics & Political Science (LSE) - Department of Finance and Australian National University (ANU) - College of Business and Economics
Downloads 2,622 (3,089)
Citation 36

Abstract:

Behavioral Finance, Mood, Lunar Effect, Stock Return, Market Efficiency

On the Industry Concentration of Actively Managed Equity Mutual Funds

AFA 2005 Philadelphia Meetings, Journal of Finance, Forthcoming, Sauder School of Business Working Paper
Number of pages: 50 Posted: 10 Feb 2003
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 2,531 (3,542)
Citation 161

Abstract:

On the Industry Concentration of Actively Managed Equity Mutual Funds

NBER Working Paper No. w10770
Number of pages: 49 Posted: 30 Sep 2004
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 47 (336,915)
Citation 161

Abstract:

4.

Out of Sight, Out of Mind: The Effects of Expenses on Mutual Fund Flows

Number of pages: 36 Posted: 03 May 2004
University of California, Davis, University of California, Berkeley - Haas School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 1,622 (5,993)
Citation 123

Abstract:

mutual funds, investor behavior, operating expenses

5.

Institutional Trading and Stock Returns

EFMA 2001 Lugano Meetings, EFA 2001 Barcelona Meetings
Number of pages: 19 Posted: 15 Jan 2001
Fang Cai and Lu Zheng
Federal Reserve Board and University of California, Irvine - Paul Merage School of Business
Downloads 1,372 (9,906)
Citation 31

Abstract:

Institutional Trading, Stock Returns, Stock Price

6.

Who Moves the Market? A Study of Stock Prices and Investment Cashflows

AFA 2003 Washington, DC Meetings
Number of pages: 36 Posted: 21 Nov 2002
Brian H. Boyer and Lu Zheng
Brigham Young University - J. Willard and Alice S. Marriott School of Management and University of California, Irvine - Paul Merage School of Business
Downloads 1,011 (15,766)
Citation 8

Abstract:

7.

The Road Less Traveled: Strategy Distinctiveness and Hedge Fund Performance

AFA 2010 Atlanta Meetings Paper
Number of pages: 68 Posted: 04 Feb 2009 Last Revised: 09 Apr 2011
Zheng Sun, Ashley Wang and Lu Zheng
University of California, Irvine - Paul Merage School of Business, Federal Reserve Board and University of California, Irvine - Paul Merage School of Business
Downloads 859 (18,699)
Citation 23

Abstract:

Strategy Distinctiveness, Hedge Fund

8.

Family Values and the Star Phenomenon

AFA 2003 Washington, DC Meetings
Number of pages: 43 Posted: 26 Dec 2000
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 754 (24,684)
Citation 101

Abstract:

Mutual Funds, Performance Evaluation, Cash Flow, Fund Complex, Fund Family, Investment

9.

The Frequency of Mutual Fund Portfolio Disclosure

Number of pages: 37 Posted: 21 Jun 2004
Weili Ge and Lu Zheng
University of Washington - Michael G. Foster School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 719 (23,883)
Citation 17

Abstract:

Mutual fund; Portfolio disclosure; Fund performance; Fund cash flow; Agency cost; Information

10.

The Good or the Bad? Which Mutual Fund Managers Join Hedge Funds?

Review for Financial Studies, Forthcoming, AFA 2010 Atlanta Meetings Paper
Number of pages: 22 Posted: 22 Mar 2009 Last Revised: 29 Jun 2011
Indian School of Business, University of Illinois at Urbana-Champaign - Department of Finance, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 706 (24,593)
Citation 14

Abstract:

Mutual Funds, Hedge Funds, Managerial Turnover

The ABCs of Mutual Funds: On the Introduction of Multiple Share Classes

EFA 2005 Moscow Meetings Paper
Number of pages: 40 Posted: 04 Mar 2005
University of Oregon - Charles H. Lundquist School of Business, University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics and University of California, Irvine - Paul Merage School of Business
Downloads 576 (36,282)
Citation 13

Abstract:

mutual fund, share class, performance, flow, expense

The ABCs of Mutual Funds: On the Introduction of Multiple Share Classes

Journal of Financial Intermediation, Vol. 18, No. 3, July 2009
Number of pages: 67 Posted: 06 Dec 2009
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 129 (181,751)
Citation 13

Abstract:

Mutual Funds, Multiple Share Classes, Fund Flows, Investor Clienteles

12.

Is Money Smart? - An Investigation of Mutual Fund Investor's Fund Selection Ability

Number of pages: 33 Posted: 05 Nov 1996
Lu Zheng
University of California, Irvine - Paul Merage School of Business
Downloads 704 (25,528)
Citation 7

Abstract:

Mutual Fund, Flow, Investment Ability, Performance

13.

The ABCs of Mutual Funds: A Natural Experiment on Fund Flows and Performance

AFA 2005 Philadelphia Meetings
Number of pages: 41 Posted: 29 Feb 2004
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 703 (26,742)
Citation 14

Abstract:

14.

Tax-Loss Selling and the January Effect: Evidence from Municipal Bond Closed-End Funds

AFA 2005 Philadelphia Meetings
Number of pages: 40 Posted: 22 Jun 2004
Laura T. Starks, Li Yong and Lu Zheng
University of Texas at Austin - Department of Finance, The University of Texas at Arlington and University of California, Irvine - Paul Merage School of Business
Downloads 585 (34,115)
Citation 16

Abstract:

January effect, tax-loss-selling

Only Winners in Tough Times Repeat: Hedge Fund Performance Persistence over Different Market Conditions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 41 Posted: 13 Apr 2013 Last Revised: 10 Nov 2016
Zheng Sun, Ashley Wang and Lu Zheng
University of California, Irvine - Paul Merage School of Business, Federal Reserve Board and University of California, Irvine - Paul Merage School of Business
Downloads 289 (84,286)

Abstract:

Hedge funds, Conditional performance, Performance persistence

Only Winners in Tough Times Repeat: Hedge Fund Performance Persistence Over Different Market Conditions

FEDS Working Paper No. 2016-030
Number of pages: 42 Posted: 20 Apr 2016
Zheng Sun, Ashley Wang and Lu Zheng
University of California, Irvine - Paul Merage School of Business, Federal Reserve Board and University of California, Irvine - Paul Merage School of Business
Downloads 79 (256,488)

Abstract:

Conditional performance, Hedge funds, Performance Persistence

16.

Aggregate Hedge Fund Flows and Asset Returns

21st Australasian Finance and Banking Conference 2008 Paper
Number of pages: 37 Posted: 20 Aug 2008 Last Revised: 16 Sep 2009
Ashley Wang and Lu Zheng
Federal Reserve Board and University of California, Irvine - Paul Merage School of Business
Downloads 356 (59,510)
Citation 10

Abstract:

Hedge Fund Flow, Hedge Fund Performance

Home Bias and Local Contagion: Evidence from Funds of Hedge Funds

AFA 2013 San Diego Meetings Paper
Number of pages: 60 Posted: 17 Mar 2012 Last Revised: 12 Feb 2014
Clemens Sialm, Zheng Sun and Lu Zheng
University of Texas at Austin - McCombs School of Business, University of California, Irvine - Paul Merage School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 248 (99,526)
Citation 2

Abstract:

Hedge Funds, Funds of Funds, Home Bias, Informational Advantage, Contagion, Comovement

Home Bias and Local Contagion: Evidence from Funds of Hedge Funds

NBER Working Paper No. w19570
Number of pages: 60 Posted: 25 Oct 2013
Clemens Sialm, Zheng Sun and Lu Zheng
University of Texas at Austin - McCombs School of Business, University of California, Irvine - Paul Merage School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 10 (510,593)
Citation 2

Abstract:

18.

Active Fundamental Performance

Number of pages: 51 Posted: 14 Aug 2013 Last Revised: 23 Jul 2015
Hao Jiang and Lu Zheng
Michigan State University and University of California, Irvine - Paul Merage School of Business
Downloads 223 (78,039)

Abstract:

Mutual Funds, Performance Evaluation, Skill, Earnings Announcement

19.

Investor Flows and Stock Market Returns

Journal of Empirical Finance, Vol. 16, No. 1, pp. 87-100, 2011
Number of pages: 35 Posted: 13 May 2011
Brian H. Boyer and Lu Zheng
Brigham Young University - J. Willard and Alice S. Marriott School of Management and University of California, Irvine - Paul Merage School of Business
Downloads 177 (117,122)
Citation 8

Abstract:

stock market, stock price, investor flow, mutual fund, pension fund, foreign investors

Side-by-Side Management of Hedge Funds and Mutual Funds

Number of pages: 58 Posted: 04 Dec 2009 Last Revised: 08 Dec 2009
Tom Nohel, Zhi Jay Wang and Lu Zheng
Loyola University of Chicago, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 80 (254,565)
Citation 15

Abstract:

Hedge Funds, Mutual Funds, Conflicts of Interest

Side-by-Side Management of Hedge Funds and Mutual Funds

The Review of Financial Studies, Vol. 23, Issue 6, pp. 2342-2373, 2010
Posted: 17 May 2010
Tom Nohel, Z. Jay Wang and Lu Zheng
Loyola University of Chicago, University of Oregon and University of California, Irvine - Paul Merage School of Business

Abstract:

G1, G2, G3, G23, G34

21.

Does Media Coverage of Stocks Affect Mutual Funds’ Trading and Performance?

Forthcoming in Review of Financial Studies
Number of pages: 42 Posted: 18 Mar 2010 Last Revised: 25 Sep 2014
Lily H. Fang, Joel Peress and Lu Zheng
INSEAD - Finance, INSEAD - Finance and University of California, Irvine - Paul Merage School of Business
Downloads 132 (109,036)

Abstract:

mutual fund, performance, stock, media coverage, limited attention, investor behavior

22.

Family Values and the Star Phenomenon: Strategies of Mutual Fund Families

Number of pages: 46 Posted: 10 Aug 2011
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, University of Oregon - Charles H. Lundquist School of Business and University of California, Irvine - Paul Merage School of Business
Downloads 59 (237,763)
Citation 60

Abstract:

Mutual Fund Families, Fund Flows, Performance

23.

Information Transfer in the Common Shareholder Relationship: Does Shared Ownership Affect Fund Investments?

Number of pages: 37 Posted: 05 Apr 2014
Shu Lin, Shu Tian and Lu Zheng
Nanjing University - School of Business, Department of Accounting, Asian Development Bank and University of California, Irvine - Paul Merage School of Business
Downloads 31 (311,082)

Abstract:

mutual funds, information advantage, stock returns, portfolio decisions

24.

Information Transfer in the Common Shareholder Relationship: Mutual Fund Company and Its Invested Firms

Number of pages: 39 Posted: 01 Feb 2017
Shu Lin, Grace Tian and Lu Zheng
Nanjing University - School of Business, Department of Accounting, Asian Development Bank and University of California, Irvine - Paul Merage School of Business
Downloads 0 (378,103)

Abstract:

mutual funds, information advantage, stock returns, portfolio decisions

25.

Industry Concentration and Mutual Fund Performance

Journal of Investment Management, Vol. 5, No. 1, First Quarter 2007
Posted: 28 Mar 2007
Imperial College London - Accounting, Finance, and Macroeconomics, University of Texas at Austin - McCombs School of Business and University of California, Irvine - Paul Merage School of Business

Abstract:

Industry concentration, mutual fund performance, active portfolio management

26.

Who Moves the Market? - A Study of Stock Prices and Investment Cashflows

Posted: 16 Jul 1999
Lu Zheng
University of California, Irvine - Paul Merage School of Business

Abstract: