Tchamyou, Vanessa S.; Asongu, Simplice - 2017
responsiveness by fund managers to investigated factors (aggregate liquidity, information asymmetry, volatility and market excess … evidence of volatility and market return in market timing, with the slim exception of allocation funds for which the pattern of … volatility is either U- or S-shaped. Second, the effect of volatility and market return are consistently positive and negative …