Roger Edelen is an associate professor of management at the University of California, Davis. His primary research interest is institutional investing. Much of his work has focused on the influence of operational and organizational factors on mutual fund performance, particularly relating to funds’ trading practices and shareholder flow. His research also includes the role of agency conflicts in secondary-market trading, and pricing dynamics in primary security offerings.
Edelen was awarded a 2013 Graham and Dodd Scroll award as co-author of the paper, Shedding Light on ‘Invisible’ Costs: Trading Costs and Mutual Fund Performance.
Edelen's most cited papers are listed below, ranked from most to least cited.
Investor flows and the assessed performance of open-end mutual funds
Aggregate price effects of institutional trading: a study of mutual fund flow and market returns
On the perils of financial intermediaries setting security prices: the mutual fund wild card option
Issuer surplus and the partial adjustment of IPO prices to public information
S&P 500 indexers, tracking error, and liquidity
Scale effects in mutual fund performance: The role of trading costs