Cheong, Mun-Kyung; Kim, Yong-Hyeon; Chung, Jellna - In: Global Business & Finance Review (GBFR) 25 (2020) 3, pp. 60-74
Purpose: This study explores the relationship between the performances of national equity funds and business cycles in Korea. Design/methodology/approach: First, this research examines how fund performance is better in recessions than in expansion periods and then analyzes fund performance by...