Speed Of Information Diffusion Within Fund Families

Speed Of Information Diffusion Within Fund Families

Gjergji Cici

College of William and Mary - Mason School of Business

Stefan Jaspersen

University of Cologne - Centre for Financial Research (CFR)

Alexander Kempf

University of Cologne - Department of Finance & Centre for Financial Research (CFR)

July 21, 2015

Abstract:

We document that the speed of information dissemination within mutual fund families positively affects the performance of member funds. This suggests that the...

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