Risk-Adjusted Impact of Administrative Costs on the Distribution of Terminal Wealth for Long-Term Investment

The impact of administrative costs on the distribution of terminal wealth is approximated using a simple formula applicable to many investment situations. We show that the reduction in median returns attributable to administrative fees is usually at least twice the amount of the administrative costs...

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Detalles Bibliográficos
Autores principales: Guillén, Montserrat, Jarner, Søren Fiig, Nielsen, Jens Perch, Pérez-Marín, Ana M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi Publishing Corporation 2014
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4144173/
https://www.ncbi.nlm.nih.gov/pubmed/25180200
http://dx.doi.org/10.1155/2014/521074

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4144173/
https://www.ncbi.nlm.nih.gov/pubmed/25180200
http://dx.doi.org/10.1155/2014/521074

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