The Journal of Investment Management • customerservice@joim.com • (925) 299-7800 • 3658 Mt. Diablo Blvd., Suite 200,
Lafayette, CA 94549 • Bridging the theory & practice of investment management
What Happens with More Funds than Stocks? Analysis of Crowding in Style Factors and Individual Equities
Ananth Madhavan, Aleksander Sobczyk and Andrew Ang
