Active Share and the Predictability of the Performance of Separate Accounts

Co-authored with Martijn Cremers and Jon Fulkerson

Financial Analysts Journal, forthcoming


Benchmark Discrepancies and Mutual Fund Performance Evaluation

Co-authored with Martijn Cremers and Jon Fulkerson

Journal of Financial and Quantitative Analysis, forthcoming


Can Mutual Fund Stars Still Pick Stocks?: A Replication and Extension of Kosowski, Timmermann, Wermers, and White (2006)

Critical Finance Review, 2021


Portfolios of Actively Managed Mutual Funds

Financial Review, 2021

Lead article


Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds

Co-authored with Martijn Cremers and Jon Fulkerson

Financial Analysts Journal, 2019

Lead article

Presentation at the Investment Adviser Association's 2018 Leadership Conference


Portfolio Concentration and Mutual Fund Performance

Co-authored with Jon Fulkerson

Journal of Empirical Finance, 2019

Lead article


Mutual Fund Liquidity Costs

Co-authored with Jon Fulkerson

Financial Management, 2017

Special Presentation at FMA 2017 Meeting − Best Papers in Financial Management


Volatility and Mutual Fund Manager Skill

Co-authored with Bradford Jordan

Journal of Financial Economics, 2015

CFA Digest Summary


Liquidity and Flows of U.S. Mutual Funds

Co-authored with Paul Hanouna, Jon Novak, and Christof Stahel

US SEC Division of Economic and Risk Analysis White Paper, 2015


Average Funds Versus Average Dollars: Implications for Mutual Fund Research

Co-authored with Christopher Clifford and Bradford Jordan

Journal of Empirical Finance, 2014


Predictability in Bond ETF Returns

Co-authored with Jon Fulkerson and Susan Jordan

Journal of Fixed Income, 2014


Return Chasing in Bond Funds

Co-authored with Jon Fulkerson and Bradford Jordan

Journal of Fixed Income, 2013


Do Absolute Return Mutual Funds Have Absolute Returns?

Co-authored with Christopher Clifford and Bradford Jordan

Journal of Investing, 2013

CFA Digest Summary