Best buys and own brands: Investment platforms’ recommendations of mutual funds
Individuals increasingly buy mutual funds via online platforms, whose “best-buy” recommendations heavily influence flows. As intermediaries of mutual funds, platforms provide none of the unobservable interaction or intangible benefits of brokers, and so allow clean tests of the determinants, influen...
Main Authors: | Cookson, G, Jenkinson, T, Jones, H, Martinez, JV |
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Format: | Journal article |
Language: | English |
Published: |
Oxford University Press
2020
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