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Analysis of institutional authors

Marco Crespo, RocioAuthorToledo Muñoz, IsabelAuthorMarco, RCorresponding Author

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June 6, 2022
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Costs associated with mutual funds in Spain

Publicated to:INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS. 15 (2): 165-179 - 2010-04-01 15(2), DOI: 10.1002/ijfe.394

Authors: Toledo, Isabel; Marco, Rocio

Affiliations

Univ Autonoma Madrid, Dept Appl Econ, Fac Econ & Business Sci, E-28049 Madrid, Spain - Author
Universidad Autónoma de Madrid - Author

Abstract

This study examines the mutual fund market in Spain from the point of view of management and custodial costs. For this purpose it estimates functions explaining these fees using ordinary least squares and panel data. The results confirm that the most relevant factors in determining the management fee are the risk incurred by the managed portfolio, the level of its cash holding, and the number of shareholders in relation to the size of the fund. In addition, it highlights two aspects of the Spanish market with respect to the results obtained by similar studies in the North American market and in some European countries (Finland, Italy): first, the lack of a learning curve reducing operational costs, and, second, the lack of economies of scale in the management costs. Copyright (c) 2009 John Wiley & Sons, Ltd.

Keywords

Custodial feeIndustryManagement feeMutual fundsPanel-dataPerformanceSurvivorship bias

Quality index

Bibliometric impact. Analysis of the contribution and dissemination channel

The work has been published in the journal INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS due to its progression and the good impact it has achieved in recent years, according to the agency Scopus (SJR), it has become a reference in its field. In the year of publication of the work, 2010, it was in position , thus managing to position itself as a Q2 (Segundo Cuartil), in the category Finance. Notably, the journal is positioned en el Cuartil Q3 for the agency WoS (JCR) in the category Business, Finance.

Independientemente del impacto esperado determinado por el canal de difusión, es importante destacar el impacto real observado de la propia aportación.

Según las diferentes agencias de indexación, el número de citas acumuladas por esta publicación hasta la fecha 2025-07-09:

  • Google Scholar: 7
  • WoS: 2
  • Scopus: 2

Impact and social visibility

From the perspective of influence or social adoption, and based on metrics associated with mentions and interactions provided by agencies specializing in calculating the so-called "Alternative or Social Metrics," we can highlight as of 2025-07-09:

  • The use of this contribution in bookmarks, code forks, additions to favorite lists for recurrent reading, as well as general views, indicates that someone is using the publication as a basis for their current work. This may be a notable indicator of future more formal and academic citations. This claim is supported by the result of the "Capture" indicator, which yields a total of: 10 (PlumX).

Leadership analysis of institutional authors

There is a significant leadership presence as some of the institution’s authors appear as the first or last signer, detailed as follows: First Author (Toledo, I) and Last Author (MARCO CUELLAR, ROBERTO).

the author responsible for correspondence tasks has been MARCO CUELLAR, ROBERTO.