Institutional investment flows and the determinants of top fund manager turnover

This study examines how the termination of superannuation investment mandates contributes to the departure of top fund managers in companies delegated the portfolio management role. Terminations of superannuation plan mandates increase the probability of a fund company changing the responsible fund manager. Objective‐adjusted returns are also significant managerial turnover considerations. These results illustrate that significant losses of superannuation fund clients act as an external control mechanism in the investment management industry that complements internal managerial performance measures.     

空间[J,ρ]的一些拓扑性质

文献[6]已经证明了 Julia 例外函数集 J,在一致球面收敛的意义下是一个线性闭色。本文在 Julia 例外函数集 J 上引入了距离函数,讨论了距离空间[J,ρ]的一些拓扑性质,得到了正规族理论中,一致有界的连续函数集正规和解析函数集正规这两个定理的抽象形式。     

Julia例外函数集的一些性质

本文从正规簇理论出发,证明了1919年由 Julia 定义的 Julia 例外函数,与1926年由 Ostrowski 定义的 Julia 例外函数的等价性,并用 Ostrowski 的定义,证明了 Julia 例外函数集 J,对普通函数的加法和乘法,构成一个交换域,并且 J 中一致球面收敛函数列的极限,也是 Julia 例外函数。