Jan Annaert

Frans Buelens1
1Frans Buelens
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The purpose of this paper is to identify ex ante fund statistics that can be related to future performance of European equity funds. In an efficient market setting, actively managed portfolios cannot outperform a passive benchmark strategy. However, purely by chance, some funds outperform their benchmark ex post, making the identification of performance(More)
  • Van Stijn, Nieuwerburgh, Frans Buelens, Jan Annaert, Marc De Ceuster, Avner Greif +2 others
  • 2005
Willems and the participants of the University of Antwerp (UFSIA) economics seminar for comments. We also thank Steven Cappoen of the National Bank of Belgium for data on credit institutions. All remaining errors are our own. Abstract This paper investigates the long-term relationship between financial market development and economic development in Belgium.(More)
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