Lonkani, Ravi; Satjawathee, Theeralak; Jegasothy, Kandiah - In: Journal of applied finance & banking 3 (2013) 2, pp. 89-108
Fund selectivity and market timing are two fundamental fund manager’s abilities that determine fund performance. These issues are re-visited to investigate selectivity and market timing aspects of Thai equity funds from 1992 to 2004. Because this time period contains a business cycle, the...