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Journal Articles
Studies in Economics and Finance (2022) 39 (4): 675–696.
Published: 10 November 2021
...Kozo Omori; Tomoki Kitamura Purpose Mutual fund investors assess a fund manager’s skills when allocating their capital. To identify the rationale behind retail investors’ decisions, this study aims to examine the relation between mutual fund flows and abnormal returns (alpha), as well...

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