Fund selectivity and market timing are two fundamental fund manager’s abilities that determine fund performance. These issues are re-visited to investigate selectivity and market timing aspects of Thai equity funds from 1992 to 2004. Because this time period contains a business cycle, the...

The study examines the relationship among mutual fund flows, stock market returns, and macroeconomic indicators for nine Asian developing economies. Data for the period 2001– 2017 encompass more than 9600 equity and bond funds. Monthly frequency is used to analyze the relationship between fund...

This study aims to fulfill three main objective i.e. finding financial constraints using the model that suits Pakistani environment best, determining the impact of asset sales on investment for financially constrained firms and finally determining the impact of investment and asset sales on...