The effect of market distress on mutual fund performance: international evidence
In this paper, we use a comprehensive sample of equity mutual funds from 34 countries around the world during the 1999-2015 period to study the impact of market distress on mutual fund performance. Our results show that in periods of market distress mutual funds perform worse in more competitive cou...
Main Author: | |
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Format: | masterThesis |
Language: | eng |
Published: |
2019
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Subjects: | |
Online Access: | http://hdl.handle.net/10071/18231 |
Country: | Portugal |
Oai: | oai:repositorio.iscte-iul.pt:10071/18231 |