We employ a United Kingdom data set of weekly returns from a sample of investment trust companies available on the Datastream database. We analyse the relative performance of the funds and determine whether a 'good' (above-median), past-performance is indicative of future performance. Our study focuses on within sample relative performance. We examine persistence in performance in the short and long run based on a number of tests. Overall we find that both raw and risk-adjusted returns exhibit evidence of persistence in performance in the long run but not in the very short run. Copyright Blackwell Publishers Ltd 1999.

The COVID-19 pandemic has underscored the importance of curbing harmful misinformation and prompted legislation against fake news. Based on the case of the COVID-19 pandemic in Singapore, this study investigated motivations behind college students' decisions not to share rumours on WhatsApp. Responses from 75 participants were collected through an anonymous online survey in July 2020. The findings suggest that during an infectious disease outbreak, students' decisions not to share rumours were motivated by concerns related to information quality rather than the fear of regulatory punishment.

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