Home > Research > Publications & Outputs > Managerial behavior in fund tournaments—the imp...

Electronic data


Text available via DOI:

View graph of relations

Managerial behavior in fund tournaments—the impact of TrueSkill

Research output: Contribution to journalJournal articlepeer-review

  • Alexander Swade
  • Gerrit Köchling
  • Peter Posch
<mark>Journal publication date</mark>9/01/2021
<mark>Journal</mark>Journal of Asset Management
Issue number1
Number of pages14
Pages (from-to)62-75
Publication StatusPublished
<mark>Original language</mark>English


Measuring mutual fund managers’ skills by Microsoft’s TrueSkill algorithm, we find highly skilled managers to behave self-confident resulting in higher risk-taking in the second half of the year compared to less skilled managers. Introducing the TrueSkill algorithm, which is widely used in the e-sports community, to this branch of literature, we can replicate previous findings and theories suggesting overconfidence for mid-years winners.