Favoritism in Mutual Fund Families? Evidence on Strategic ...

Favoritism in Mutual Fund Families? 75 funds, that is, those more likely to generate fee income or new investor flows, at the expense of other “low value” funds belonging to the same family. In particu-lar,weconsiderthreetypesofcross-fundsubsidizationstrategies:(1)enhancing ................
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