This paper finds that star fund could raise fund family's cash inflow. This is consisted with the phenomenon that in China fundfamily are eager to construct star fund.
Research result demonstrates that large fundfamily contains stronger persistence of performance, and there is no specific relationship between fund manager and fund performance.
实证研究结果表明:大基金家族业绩持续性更强,基金经理变动与业绩不相关。
3
The document is non-binding, but it will serve as a guideline for countries and donor states that fund health care and family planning programmes.