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We apply the Quantile Regression Model to observe the rankcorrelation between bond fund performance and asset,volatility, management fee, Sharpe index and show that fundperformance between volatility as a negative significantrelationship, implied extreme values have been generated...
Persistent link: https://www.econbiz.de/10009776201
This paper analyzes the effect of investor monitoring on the performance of equity investment funds. For that purpose, we analyze the relationship between fund performance, measured using four-factor Alpha, and a set of control variables and monitoring proxy variables. We used monthly data for...
Persistent link: https://www.econbiz.de/10012926436
Persistent link: https://www.econbiz.de/10012146589
Actively managed Swedish equity mutual funds outperform the market in 1993-2001 but have negative gross and net excess returns of -0.18 and -1.47 per cent per year in 2002-2013. Across funds, there is no correlation between activism and return in the later period. Returns show little or no...
Persistent link: https://www.econbiz.de/10011743140
We use portfolio holdings data to examine the performance of 143 global equity funds over the period 2002 to 2012. We find that the average global equity manager outperforms their benchmark by 1.2% to 1.4% per annum before fees. Attribution analysis reveals that the prime source of excess return...
Persistent link: https://www.econbiz.de/10013005210
We use portfolio holdings data to examine the performance of 143 global equity funds over the period 2002 to 2012. We find that the average global equity manager outperforms their benchmark by 1.2% to 1.4% per annum before fees. Attribution analysis reveals that the prime source of excess return...
Persistent link: https://www.econbiz.de/10012969806
Aim of the study is to determine the better performance measure during the financial crisis. In order to do so, we selected the pandemic period during the Jan to Jul 2020 and analyzed the different performance ratios for our sample of 1416 Indian equity funds. Then we ranked them based on...
Persistent link: https://www.econbiz.de/10013248021
risk-adjusted returns as the measurement and its investment manager’s competence. Second aim is to provide empirical …
Persistent link: https://www.econbiz.de/10014237718
the U.S. recently, domestic mutual funds in Taiwan are all managed by solo managers, and one manager can manage more than … between fund performance and characteristics of these solitary managers at the manager level but through using the recently … developed double-adjusted alpha method. Our results indicate that female fund managers tend to achieve higher double …
Persistent link: https://www.econbiz.de/10014258677
Persistent link: https://www.econbiz.de/10013547828