Short term persistence in mutual fund market timing and stock selection abilities
Using daily return data from 448 actively managed mutual funds over a recent 9-year period, we look for persistence, over two consecutive quarters, in the ability of funds to select individual stocks and time the market. That is, we decompose overall fund performance into excess returns resulting fr...
| Autor principal: | |
|---|---|
| Outros Autores: | |
| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2017
|
| Assuntos: | |
| Texto completo: | https://ciencia.iscte-iul.pt/id/ci-pub-10284 |
| País: | Portugal |
| Oai: | oai:repositorio.iscte-iul.pt:10071/14085 |