Bilson, Chris; Frino, Angela; Heaney, Richard - In: Accounting and Finance 45 (2005) 1, pp. 25-42
The present study extends the Australian fund performance persistence literature through the use of five performance metrics: raw returns, the Sharpe ratio, the single-factor model and two multifactor models, the Carhart (1997) model and the Gruber (1996) model, in analysis of Australian retail...