What Is the Role of Merit in a Mutual Fund Manager’s Career? (Podcast)

In the July/August 2014 issue of the Financial Analysts Journal, Gary E. Porter and Jack W. Trifts published an article, “The Career Paths of Mutual Fund Managers: The Role of Merit,” which shows that merit plays a substantial role in the length of a mutual fund manager’s career. Notably, managers who underperform their peers are more likely to lose their jobs.



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