Publication:
Institutional investment flows and the determinants of top fund manager turnover

dc.contributor.author Gallagher, David en_US
dc.contributor.author Parwada, Jerry en_US
dc.contributor.author DISHI, E en_US
dc.date.accessioned 2021-11-25T12:46:56Z
dc.date.available 2021-11-25T12:46:56Z
dc.date.issued 2007 en_US
dc.description.abstract This study examines how the termination of superannuation investment mandates contributes to the departure of top fund managers in companies delegated the portfolio management role. Terminations of superannuation plan mandates increase the probability of a fund company changing the responsible fund manager. Objective-adjusted returns are also significant managerial turnover considerations. These results illustrate that significant losses of superannuation fund clients act as an external control mechanism in the investment management industry that complements internal managerial performance measures. en_US
dc.identifier.issn 0810-5391 en_US
dc.identifier.uri http://hdl.handle.net/1959.4/37802
dc.language English
dc.language.iso EN en_US
dc.rights CC BY-NC-ND 3.0 en_US
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/3.0/au/ en_US
dc.source Legacy MARC en_US
dc.subject.other top management turnover en_US
dc.subject.other investment performance en_US
dc.subject.other Superannuation fund mandates en_US
dc.title Institutional investment flows and the determinants of top fund manager turnover en_US
dc.type Journal Article en
dcterms.accessRights metadata only access
dspace.entity.type Publication en_US
unsw.accessRights.uri http://purl.org/coar/access_right/c_14cb
unsw.identifier.doiPublisher http://dx.doi.org/10.1111/j.1467-629x.2006.00204.x en_US
unsw.relation.faculty Business
unsw.relation.ispartofissue 2 en_US
unsw.relation.ispartofjournal Accounting and Finance en_US
unsw.relation.ispartofpagefrompageto 243-266 en_US
unsw.relation.ispartofvolume 47 en_US
unsw.relation.originalPublicationAffiliation Gallagher, David, Banking & Finance, Australian School of Business, UNSW en_US
unsw.relation.originalPublicationAffiliation Parwada, Jerry, Banking & Finance, Australian School of Business, UNSW en_US
unsw.relation.originalPublicationAffiliation DISHI, E, Banking & Finance, Australian School of Business, UNSW en_US
unsw.relation.school School of Banking & Finance *
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