Hammami, Yacine; Jilani, Faouzi; Oueslati, Abdelmonem - In: Research in International Business and Finance 29 (2013) C, pp. 35-51
This article investigates mutual fund performance in the Tunisian capital market using conditional multifactor models. In the mutual fund literature, the traditional approach to capture conditionality is the use of predetermined instruments. This study proposes a multivariate Generalized...