TY  - JOUR 
AU  - Arenas Laorga, Carlos
AU  - Gil Capella, Fernando
PY  - 2026
SN  - 2227-9091
UR  - https://hdl.handle.net/20.500.12766/876
AB  - This study analyzes the relationship between stock market returns and investment flows in investment funds in Spain. Through a quantitative analysis covering the period from December 2001 to June 2025, it examines not only the existence of a...
LA  - eng
PB  - MDPI
TI  - The Flow–Performance Relationship and Behavioral Biases: Evidence from Spanish Mutual Fund Flows
DO  - 10.3390/risks14040088
T2  - Risks
KW  - Fund flows
KW  - Fund performance
KW  - Behavioral finance
KW  - Disposition effect
KW  - Spanish investment market
KW  - Retail investors
VL  - 14
ER  -