Hooper, Keith; Davey, Howard; Su, Roger; Foo, Dani A.C. - In: Accounting Research Journal 19 (2006) September, pp. 105-121
Many studies have discussed mutual funds performance, especially about the persistence of excess returns. Regression is the most common method to be used to research the fund persistence. Dutta (2002) proposes a simpler approach – a direct annual examination of whether a fund beats a market...
