The performance distribution and managerial skill of passive funds: evidence from the Korean market

– This study investigates the performance distribution of passive funds in the Korean market and compares it with the performance distribution of active funds. The key findings are as follows, first, the performance distribution of passive funds has a thicker tail compared to that of active funds....

Full description

Bibliographic Details
Main Authors: Jaeram Lee, Changjun Lee
Format: Article
Language:English
Published: Emerald Publishing 2023-11-01
Series:Seonmul yeongu
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JDQS-05-2023-0009/full/pdf