量化前沿速递：FOF及资配[20240821]

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机器翻译，仅供参考！可使用微信自带翻译功能自行翻译 更多文献获取请关注公众号：量化前沿速递 获取 文献链接/翻译/pdf 请加入知识星球“ 量化前沿速递 ” 文献汇总 [1] Neglected Fund Idiosyncratic Risk -Evidence From the Chinese Mutual Fund Market 被忽视的基金异质性风险——来自中国共同基金市场的证据 来源:SSRN_20240820 [1] Neglected Fund Idiosyncratic Risk -Evidence From the Chinese Mutual Fund Market 标题:被忽视的基金异质性风险——来自中国共同基金市场的证据 作者:Shengxian Gao 来源:SSRN_20240820 Abstract : In this paper, we study the phenomenon of idiosyncratic risk premium of Chinese mutual funds by selecting Chinese equity funds and hybrid funds from January 2005 to December 2023. We find a significant positive premium and no "idiosyncratic volatility" puzzle in the mutual fund market. This phenomenon is closely related to the lottery preference of mutual funds, wh ………………………………