Bhargava, Rahul; Gallo, John G; Swanson, Peggy E - In: Review of Quantitative Finance and Accounting 17 (2001) 4, pp. 377-95
This paper evaluates the performance of 114 international equity managers over the January 1988-December 1997 period. Performance tests are conducted using Sharpe (1966) and Jensen (1968) performance methodologies. The managers are divided into mutual fund (n = 54) and separately managed fund (n...