Cross-Asset Information Synergy in Mutual Fund Families

We thank Turan Bali, Tim Cohen, Amil Dasgupta, Darrell Duffie, Wayne Ferson, Wei Jiang, Hao Jiang, Francis Longstaff, Massimo Massa, Veronika Pool, Lu Zheng for their insightful comments, and William Birdthistle, John Morley, Mark Roe, Ann Lipton for legislative consultation on mutual fund governance. We also appreciate feedback from seminar participants at the Q-Group annual conference, the Rodney L. White Center annual conference on Financial Decisions and Asset Markets at the Wharton School, WFA (2019), University of Maryland, London School of Economics, American University, University of Cambridge Judge Business School, University of Liverpool, Bloomberg, Georgetown University, Yonsei University, Utrecht University, the Federal Reserve Bank of New York, Office of Financial Research, and ESMT Asset Management Conference. All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.