Tsolas, Ioannis E. - In: Journal of risk and financial management : JRFM 13 (2020) 5/87, pp. 1-13
This paper documents a new series two-stage data envelopment analysis (DEA) modeling framework for mutual fund performance evaluation in terms of operational and portfolio management efficiency that is implemented to a sample of precious metal mutual funds (PMMFs). In the first and second stage,...