The persistence of active fund management performance

This study focuses on the performance persistence of equity funds in the South African Unit Trust Industry against its appropriate index benchmark (ALSI) over the period 1988 to 2003. A few funds exhibited extraordinary persistence - either in out-performing or under-performing. In general it was fo...

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Bibliographic Details
Main Authors: D. R. Wessels, J. D. Krige
Format: Article
Language:English
Published: AOSIS 2005-06-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/628