This paper provides causal evidence on the impact of managerial co-investment on mutual fund performance. Specifically, we exploit a regulatory reform in India that mandates co-investment for managers of active funds. The exogenous nature of this …
_WFA Annual Meeting 2023, INQUIRE Europe Fall Seminar 2023, SoFiE Annual Meeting 2022, INQUIRE UK Spring Seminar 2022, CREDIT Conference on Long Run Risks 2022, Frontiers of Factor Investing 2022_ Best Paper Award, GRASFI Conference on Sustainable …