Evaluating mutual fund performance
Article Abstract:
Research using simulated mutual funds that mimic actual funds reveals that extant research models fail to predict significant deviations in fund performance. The efficacy of mutual fund financial research can be boosted by incorporating event-study mechanisms linked to fund trades.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
Investment Offices, Mutual Fund Mgmt Companies, Portfolio Management, Mutual funds, Mutual fund industry
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Do credit spreads reflect stationary leverage ratios?
Article Abstract:
Firms facing defaulting on their corporate bonds typically adjust their level of debt, but most default models do not allow a firm to change its capital structure. A new structural model generating stationary leverage ratios is presented.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Corporations, Corporate finance, Corporate bonds, Credit market, Credit markets, Default (Finance)
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Statistical Data Included, Research, United States, Analysis, Economics, Economic research, Securities industry, Finance
Similar abstracts:
- Abstracts: Measuring mutual fund performance with characteristic-based benchmarks. Explaining the cross-section of stock returns in Japan: factors or characteristics?
- Abstracts: Characterizing predictable components in excess returns on equity and foreign exchange markets. The bright side of internal capital markets
- Abstracts: The stock market valuation of research and develpoment expenditures. The relative valuation of caps and swaptions: theory and empirical evidence
- Abstracts: Is it inefficient investment that causes the diversification discount?
- Abstracts: Location matters: an examination of trading profits. On the perils of financial intermedaries setting security prices: the mutual fund wild card option
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.