Determinants of mutual fund flows

dc.contributor.advisorStarks, Laura T.en
dc.contributor.committeeMemberTitman, Sheridanen
dc.contributor.committeeMemberAlmazan, Andresen
dc.contributor.committeeMemberAnderson, Edwarden
dc.contributor.committeeMemberHartzell, Jayen
dc.creatorGallaher, Steven Timothyen
dc.date.accessioned2011-07-06T15:40:49Zen
dc.date.available2011-07-06T15:40:49Zen
dc.date.issued2011-05en
dc.date.submittedMay 2011en
dc.date.updated2011-07-06T15:40:55Zen
dc.descriptiontexten
dc.description.abstractI investigate mutual fund flows at the individual fund and at the fund family level. At the individual, I use SEC filings to decompose fund flows into inflows and outflows. This decomposition of net flows into its component parts provides a way to examine differences in how search costs and investor learning affect investors who are entering a fund (or adding to their investments) versus those investors who are leaving a fund (or decreasing their investments). I then examine the effect of the existence of an advertisement for the fund on these investors. At the mutual fund family level, I examine how the characteristics and performance of mutual fund families affect the flows to the family as a whole. I then examine the effects of advertising expenditures on flows to the fund family.en
dc.description.departmentFinanceen
dc.format.mimetypeapplication/pdfen
dc.identifier.slug2152/ETD-UT-2011-05-3169en
dc.identifier.urihttp://hdl.handle.net/2152/ETD-UT-2011-05-3169en
dc.language.isoengen
dc.subjectMutual fundsen
dc.subjectNet flowsen
dc.subjectAdvertisingen
dc.subjectMutual fund familiesen
dc.subjectTradingen
dc.subjectInvestmentsen
dc.titleDeterminants of mutual fund flowsen
dc.type.genrethesisen
thesis.degree.departmentFinanceen
thesis.degree.disciplineFinanceen
thesis.degree.grantorUniversity of Texas at Austinen
thesis.degree.levelDoctoralen
thesis.degree.nameDoctor of Philosophyen

Access full-text files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
GALLAHER-DISSERTATION.pdf
Size:
1.09 MB
Format:
Adobe Portable Document Format

License bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
2.13 KB
Format:
Plain Text
Description: