Do mutual fund managers earn their fees? New measures for performance appraisal

DOI10.1016/j.ejor.2020.04.009zbMath1487.90366OpenAlexW3028529882MaRDI QIDQ2023942

Hirofumi Fukuyama, Don U. A. Galagedera, Eric K. M. Tan, John G. Watson

Publication date: 3 May 2021

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2020.04.009

zbMATH Keywords

data envelopment analysisperformance appraisaldisbursement efficiencymutual fund disbursements

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Portfolio theory (91G10)

Related Items (1)

The attribution matrix and the joint use of finite change sensitivity index and residual income for value-based performance measurement

Uses Software

• DEAFrontier

Cites Work

• Measuring the efficiency of decision making units
• Network data envelopment analysis: a review
• Quantitative models for performance evaluation and benchmarking. Data envelopment analysis with spreadsheets
• DEA-based hypothesis tests for comparing two groups of decision making units
• Efficiency of mutual funds and portfolio performance measurement: A non-parametric approach
• Single-period Markowitz portfolio selection, performance gauging, and duality: a variation on the Luenberger shortage function
• Data envelopment analysis in financial services: a citations network analysis of banks, insurance companies and money market funds
• Mean-Variance-Skewness Portfolio Performance Gauging: A General Shortage Function and Dual Approach
• Measuring Plant Capacity, Utilization and Technical Change: A Nonparametric Approach
• Measuring the performance of ethical mutual funds: a DEA approach
• A data envelopment analysis approach to measure the mutual fund performance

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