# Profs. Edwin Elton and Martin Gruber's research on mutual fund managers is featured

1 Faculty News January 15, 2013 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://bucks.blogs.nytimes.com/2013/01/15/employers-also-chase-mutual-fund-performance/) -- "'Participants tend to allocate inefficiently,' he said. 'If you give them bad choices, then there is a tendency for them to put more money into those bad choices.'"

[Read more](http://bucks.blogs.nytimes.com/2013/01/15/employers-also-chase-mutual-fund-performance/)