Tchamyou, Vanessa S.; Asongu, Simplice - 2017
responsiveness by fund managers to investigated factors (aggregate liquidity, information asymmetry, volatility and market excess … disaggregating the dataset into market fundamentals of: equity, fixed income, allocation and tax preferred. The empirical evidence is … evidence of volatility and market return in market timing, with the slim exception of allocation funds for which the pattern of …