MUTUAL FUND PERFORMANCE PERSISTENCE
Mutual fund persistence is well documented in the finance literature, but not well explained. The purpose of this paper is to examine the performance persistence of a large sample ofmutual funds over time. Specifically do mutual fund managers show positive (negative) performanceyear after year? <...
Main Authors: | , , , |
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Format: | Article |
Language: | fas |
Published: |
University of Tehran
2016-06-01
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Series: | تحقیقات مالی |
Subjects: | |
Online Access: | https://jfr.ut.ac.ir/article_59270_433dc6c0fc169012fe9764ab35240fcb.pdf |