Replication Data: Broken Promises, Competition, and Capital Allocation in the Mutual Fund Industry
Creators:
Anton Lines, Simona Abis
Publication Date:
2024-09-10
Data Category:
Dataset Description:
This dataset, hosted on Mendeley Data, contains the replication data for the study "Broken Promises, Competition, and Capital Allocation in the Mutual Fund Industry" (Abis & Lines, 2024, Journal of Financial Economics). It includes fund-level data on mutual fund investment mandates, style drift, and capital flows, used to examine how deviations from stated investment strategies, so-called "broken promises", affect fund competition and the allocation of investor capital across the mutual fund industry.
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